Trade Plan Feature Request - Risk-Reward in Absolute Values & Auto Qty Calculator

Feature Requests ✋
1

Hello @PravinJ

Trade Plan offers a very good in-built calculator to manage risk, however where is lacks a bit is in position sizing. Let me explain how:

Let’s say I’ll only risk 4% on my account on a certain trade, and on the basis of the stop loss, I size the quantity based on where the stop loss is. If Dhan could give an auto quantity generator based on the stop loss and quantity, then position sizing would be a breeze.

This is almost alike to a synthetic order which is probably new in Indian markets, but I believe this could be made more powerful.

Thanks!

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2

Hi @thisisbanerjee, currently, Trade Plan calculates quantity based on capital allocation and not risk percentage. We have noted your suggestion to allow setting a fixed risk amount or capital % per trade, where the quantity is calculated accordingly, and we have shared it with the relevant team for further evaluation and implementation.

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