Zerodha says the feature willpower help investors avoid overtrading, as constantly seeing real-time changes in profits and losses can often be distracting and tempting to overtrade.
“At Zerodha, we have always focused on helping people make better use of their money. This can be in the form of warnings and incentives that help customers improve their chances of winning when trading or by launching features that can help prevent this.” Excessive trading,” he corridor he said in a blog.
The temptation of place Too much trading, especially when things are not going well, can lead to a vicious cycle of losses. To help users avoid the dangers of overtrading, Kite introduced Kill Switch, which allows users to instantly disable one or more segments on Kite, forcing investors to take a break.
As a next step, Zerodha has incorporated the virtual contract note on Kite, which displays the charges of all orders placed during the day, allowing traders to get a complete overview of their charges during the day and helping them make more informed trading decisions and encouraging traders to be more conscious of their trading activity. Now, with privacy mode In Kite, users can easily hide all these values, which helps to focus on the trading strategy without getting caught up in the daily fluctuations of the account. This feature is also useful in situations where users show their screen to friends or family and want to keep sensitive financial information hidden.
Privacy Mode is currently available on the Kite website and will soon be available on the Kite app. Investors can click on the User ID in Kite and select the Privacy Mode toggle button to activate this feature.
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