Position Sizing

Team,

If there is an option decide to the amount of money which we want to use in a particular trade it would be great for quickly taking positions.

Example - if i have 900rs and if i want to use only 300 then you can give me to options

  1. Either i can decide the percentage of the money which i wanna use in a trade

Or

  1. Decide the money in numbers ie 300rs

If we could have this as a default order option it would be grrrrreat…

Pranams :pray::pray::pray:

Hi @Erode

Feedback noted. You are looking at this from price perspective - we have implemented from a lot perspective here: Introducing: Pre-Set Order Size / Lots for Fast Order Placement on Dhan

This is a super popular feature on Dhan amongst the power traders, its actual use-case is position sizing. Do take a look at that.

We have recently added Price Max - Introducing: Price Max on Dhan. Get max Quantities or Lots in Single-Tap. You may find this useful as well.

2 Likes

Yes… These are great but i am looking for something which doesn’t involve mandatory SL addition too.

In the heat of the moment, i have to calculate how many lots will i be able to buy for percentage of money which i am ready to take position for.

Because i dont mind taking less but if i happen to take more by mistake because of FOMO then it might risk id the trade backfires… Please consider

Pranams