Comment on Updates - June 2015

vishyvishy commented on 10 Jun 2015, 09:43 AM

Dear Nitinji,

Please add the GAME changer feature of Max. loss control in any trade position set by the PI or Kite user, internally in PI settings.
If I take a copper trade buy at 400 Rs. CMP and i have set 500Rs. max loss limit then, after price getting to equal or below Rs. 399.5 the position should be squared off internally and all related order in the same script be cancelled. This way —

— We will be Most disciplined in controlling our losses all over India (The most IMP feature)
— We wont necessarily need bracket order for MCX approved since we can just put target and relax
— We dont have to calculate stoploss every time we get in a position
— We dont have to call you after PC crash, Net crash , Power shutdown etc. etc.

So please think about this request seriously. And if it is not possible to implement it in PI then give us a way around as I can request it via email to [email protected] or [email protected] to get it set as per my wished max draw-down limit at your back-end.

It will be of TREMENDOUSLY helpful thing for emotional day traders like me, who can’t control risks.

regards,
Vishal

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