How do several profit targets work in Risk Management?

Where to find it

Open Trading → Risk Mgmt, pick the account, and click Add another target under the profit target. Each click adds one more box, up to 5. Each target must be bigger than the one before it; the screen tells you if one is out of order.

All the examples below use one account with these settings:

Setting	Value
Max loss	₹10,000
Profit targets	₹2,000, ₹4,000, ₹6,000
Trailing stop-loss	every ₹1,000 of profit moves the stop-loss up ₹1,000
When the profit target is hit	Square off & block
When the stop-loss is hit	Square off & block

P&L here means the whole day’s profit or loss: trades you closed today plus trades still open.

Targets hit one after another

Time	Day’s P&L	What happens
10:15	+₹2,000	Target 1 hit. Everything is squared off. ₹2,000 is booked. You can keep trading. We now watch for ₹4,000.
12:30	+₹4,000	Target 2 hit. Squared off again. You can keep trading. We now watch for ₹6,000.
14:00	+₹6,000	Last target hit. Squared off, and new entries are blocked for the rest of the day.

If you set only one target, it works exactly as a single profit target.

Target 1 hit, then a stop-loss

Time	Day’s P&L	What happens
10:15	+₹2,000	Target 1 hit. Squared off. You keep trading.
11:30	−₹8,000	Stop-loss hit. Squared off, and new entries are blocked for the day.

The stop-loss was at −₹8,000 and not −₹10,000 because the trailing stop-loss was on: the day’s profit had reached ₹2,000, so the stop-loss had moved up by ₹2,000. Without trailing, it would have stayed at −₹10,000.

A fast jump past a target

Prices can move a lot between two checks. If the day’s P&L jumps from +₹3,500 straight to +₹6,500, it has crossed target 2 and the last target together. We treat it as the highest target crossed, here the last one: squared off, and blocked for the day. A jump past two earlier targets squares off once, not twice.

Things to know

• All positions only. Several targets need Measure P&L on: All positions (booked + open). On Only open positions the screen turns them off.
• Warn me only: if the target is set to Warn me only or Block new entries only, earlier targets only send you an alert. Nothing is squared off.
• Emails: each target and each square-off sends its own email, listing all your targets.
• Live status on the Risk Mgmt screen shows which target is next.
• Daily reset: targets start fresh every trading day.
• Automatic square-off places real exit orders and works only after you agree to the terms. See Risk Management.

You choose the targets and the actions. We only provide the tool and act on your settings.