Auto Stop Loss adjustment is required for option buyers.
This will reduce 90% losses and also protect there “Capital”
For Example I have taken a naked position Take Profit and Stop Loss should already predefined in Traders Control SL user should enable them manually after that should implemented automatically in all option trading. It’s upto user will they take 2% or 5% or 7% as a Stop Loss
And also Include there Take Profit Auto exit whenever there position reach 1:2 ,1:4 1:6 @PravinJ Dhan Team Please Look into this
“Protecting Capital is important than making Profits”
Hii @Trishul_raj , we are happy to let you know that you can easily set Profit and Loss levels for your open positions directly from your Dhan account. For more details, you can check out the full guide here: P&L Exit Feature
I knew it but why not automatic setup Stoploss and Target? Sometimes Bank Nifty will be very volitile it makes things difficult so I’m just asking why not it can be automated?
Hi @Trishul_raj , thank you for sharing this thoughtful suggestion. We have noted your idea about adding a fixed Stop Loss and Target option that users can set based on their own preferred percentages. Having Traders Control Stop Loss or Target automatically apply to all option trades whether it’s 2%, 5%, 7%, or anything else. We have passed this feedback to our team for review.
Thank you for consideration @Rushabh_Vakharia and small correction along with percentage ask team to add points wise also because many retailer measure SL and TP in points