Guide to Profit Protection in OptionX

LAST UPDATED 06 May, 2025

Help users protect their profits and limit losses by setting automated boundaries for their trades—ensuring disciplined and stress-free trading.

Profit Protection is a smart risk management tool that lets you define your maximum profit target and maximum acceptable loss. Once either threshold is hit, the system automatically exits all your open orders.

Step-by-Step: How to Enable Profit Protection

Step 1: To enable Profit Protection, go to your Orders Table and click on the Profit Protection toggle. A configuration modal will pop up.

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Step 2: Enter the maximum profit amount you aim to achieve (e.g., ₹10,000). This is your profit goal—when reached, all positions will be exited.

Step 3: Enter the maximum loss you're willing to take (e.g., ₹3,000). If your losses hit this number, all open orders will be exited to protect your capital.

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Step 4: To enable Profit Trailing, Toggle ON the Profit Trailing option in the modal. Set rules like:

  • For every increase in profit by ₹100,
  • Trail Max Loss by ₹100

This adjusts your Max Loss upwards as profit grows—locking in gains while still giving room for price movement

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Step 4: Click Save to activate Profit Protection. You’ll now see the toggle marked as enabled.

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Step 5: When your P&L hits the defined profit or loss, the system will automatically exit all active orders.

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Why Profit Protection is Useful

  • Automates your risk management—no need to monitor every second.
  • Locks in profits at the right time before the market turns.
  • Prevents emotional decision-making in volatile markets.
  • Caps your downside, preserving capital for future trades.