Comment on Introducing Kill Switch
Suggestions:
Capital protection
1. A feature that does not allow you to risk more than a set % of the Captial at a given time (eg. Intraday),
or manually set MTM Limit % (Loss/Profit) which will automatically deactivate the segment once the Limit triggers.
This feature can significantly change the Percentage of the loser/winner ratio in overall traders.
Expecting early delivery of this feature said Zerodha.
Quote:
We are now working on setting up Kill Switch to automatically trigger based on a predefined loss or drawdown level set by you. We are also working on allowing you to define the maximum order and position sizes for every instrument as a percentage of your overall trading capital. This is to help you avoid taking large positions due to anxiety induced by greed or fear when trading.
Unquote: