HI FYERS TEAM,
I have 1 great idea to keep the new traders safe in this market. First i am describing the problems.
1) Overtrading this is the biggest challenge for me or according to me for other Traders too.
2) Not closing system in loss. According to me most of the trader's lose their emotions during heavy losses.
I know the above mention point is need to be controlled by the psychology of a traders but for the beginning we need to build a stable system.
we need to add these points in the subconscious mind of a trader so for this we need to create a rule or we can create mechanism which automatically locks the account if you punch the order more than 6 for example it can depend of the individual rules in a day or if you exceed your loss limit for example 2k or 3k then the terminal should automatically locks the system.
I know many platforms provide kill switch and 🆘 mode which gives warning ⚠️ but we want a system which didn't ask directly lock the system as per the trader's conditions.
Thanks and regards
Nikhil Sahani