Comment on Kite 3.0 - Everything just got better!

vishal commented on 09 Dec 2017, 01:15 PM

1. The chart itself should show me the level where I have taken the entry, The stop loss level if I have put such an order as well as exit order level “Right on the Chart”.

2. One should be able to modify above pending orders simply by dragging these horizontal lines on the chart by “drag and adjust and confirm” method. The way it would be very easy to manage a trading position.

3. Sign a separate form from me and traders like me for this, but I want to have an auto-square off to happen if my position goes more than 2% of my capital in drawdown in any given intraday trade in any given scrip. Belive me, this will be a real “game changer” for “out of discipline” traders like me, who are “good at trading” but “bad at Risk management” .

3a. This 2% stuff will be set by user. He can set in % of Capital as well as amount in Rs.

3b. If this is hard to implement for you then please provide an alert facility where kite will provide me a Pop-up or some kind of alarm or alert where it will tell me that I am in drawdown which is more than 2% (Set by user) of my capital at day start or before entry. Even you implement this small thing, it will act as a game changer. You can also Charge me and people like me separately (monthly or yearly) to provide me Email and SMS facility to send alert about drawdown level breached trade positions.

This is “the most serious issue” for so many traders. I urge you to take this feature in “Top priority in your to do list” in case you agree to implement any of this.

Thanks,
Vishal

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