Power Trade Mode: Faster trade management for Super Traders
A trading platform is typically made with many types of users in mind, ranging from those who use the platform as intended to those who are deliberate with each click, bypassing various natural steps along the way.
At Dhan, we’re lucky to serve a multitude of traders and investors, and as Dhan began to grow, we noticed that users who traded in large quantities and frequently entered and exited positions minimized the time taken from click to execution.
This meant they used Dhan in a very different way, navigating minimally for faster and quicker decision-making. This is why we built Power Trade Mode.
What is Power trade mode?
Power Trade Mode is a feature built for Super Traders. It allows you to manage your Open Positions and Pending Orders quickly with minimal clicks.
For a trader who prioritizes time over all else, Power Trade Mode you to hover over Pending Order to:
- Adjust the remaining quantity
- Modify the limit price
- Fast execute as a market order
- Cancel the order
If you navigate to the Positions Tab, you can:
- Convert the product type
- Adjust the quantity
- Initiate a fast exit
How does Power trade mode work?
Power Trade Mode lets you adjust the quantity of an open position faster. While enabling speed, it also makes the process a lot more intuitive. When you change the quantity, you’re basically entering or exiting trades in the same instrument. Power Trade Mode executes that seamlessly in the background.
You continue to see the usual options too:
- Add More
- Square Off
- Reverse
- Charts
- Manage Position
For larger traders, even if you increase the quantity beyond the freeze limit, Power Trade Mode automatically slices your orders to ensure they get executed. The same logic applies when you reduce the quantity to exit your position.
Benefits of Power trade mode
Example of Power trade mode
Nivesh has an open position of 200 lots in BANKNIFTY Futures. Using Power Trade Mode, he bumps the quantity up to 260. Dhan instantly slices the extra 60 lots into multiple orders (because it crosses freeze limits) and gets them executed smoothly.
Later, when he wants to cut exposure, he simply reduces the quantity to 150. Power Trade Mode again auto-slices and exits the excess 110 lots without him doing anything manually.
FAQs on Power trade mode
1. What is Power trade mode?
Power Trade Mode lets you increase or decrease quantities on an open position instantly, without placing separate buy or sell orders manually.
2. Where do i find Power trade mode?
You’ll see the Power Trade toggle inside the Positions section on your Dhan app.
3. How does Power trade mode help during volatile markets?
It allows rapid position adjustment so you can respond to fast price moves without navigating multiple screens.
4. What happens when I increase quantity in Power trade mode?
Dhan automatically executes additional buy/sell orders for the same instrument based on your updated quantity.
5. Can Power Trade mode handle large orders beyond freeze limits?
Yes, Dhan auto-slices large orders to ensure smoother execution even if the total quantity crosses freeze limits.
6. What happens when I reduce quantity in Power trade mode?
The system exits that portion of your open position automatically by placing the required offsetting order.
7. Is Power trade mode available for all segments?
Yes, it works across Equity, Futures & Options, and Commodity segments.
8. Does Power trade mode affect my existing add more, square off, or reverse features?
No, all existing position actions and charts remain available alongside Power Trade Mode.
9. Do I need additional margin to use Power trade mode?
Only if you increase your position size - margin requirements remain the same as regular trading.
10. Is Power trade mode suitable for active intraday and FnO traders?
Yes, it is specifically built for traders who need faster execution and frequent position adjustments.
