Safe exit feature in Dhan

[Divyesh]

Hi @Ajay_Chhabra

Noted your suggestion. We have a feature that sends an alert if your defined loss exceeds your set limit.

@Pranita

Set Alert for Heavy Losses:

This is simpler to explain, everyone wants to make profits in markets - but losses do happen, and at times more frequently than you would expect. And this could be a result of many things - markets were volatile, the direction has changed, did not exit early enough, and so on.

Most Super-Traders we interact with, have shared some of their insights with us and one of them that stuck with us is - we fix the maximum loss we want to take from markets whenever we trade and keep the profits we take unlimited.

Building on this insight, we introduced ‘SOS for Heavy-Losses’ under Trader Controls, and here is how you activate this on the Dhan app:

1. Go to your Profile on the Dhan app by tapping on the Profile Pic or from the side menu.
2. In Trader Controls, select Trade SOS: Alert for Heavy-Losses.
3. Set the value on which you want to be alerted. The minimum here is a loss of INR 1000 that you can set for the day.

Now, on every trading day, when you exceed the daily limit set for loss alert - you will be alerted on your Positions (position section) on the Dhan app that you are in losses over the daily limit that has been set by you.