In recent times, Zerodha has been came up with many new features. “Kill Switch” and “Virtual Contract Notes” are some of the useful features.
In this post, I will explain another feature which will help almost all the traders. This new feature is called “Privacy Mode”
Privacy Mode in KITE
Since I am also a trader, i understand the psycho part and the stress it creates on the traders. When we trade we keep looking at the chart.
Apart from that also, we keep staring at result of the trade we are currently in. We keep worried about if the trade will result in profit or loss.
To add to this issue, the current profit or loss value is displayed on the trading the platform. This add more stress.
How about if possible to hide the value? Yes off course,, it will not make the open position into the profit from loss, but it will certainly help in reducing the stress.
The stress is induced by changing value of the open position. If we hide this, we can calm our mind and be focused on the current execution.
It is useful when if you don’t want to show the numbers to your colleagues or family or friends who can see your screen.
It helps in maintaining the confidentiality of the open position from the unintended viewers.
Whether you are expert trader or a beginner, Privacy mode can help in reducing the stress, trade with calmer mind and more focus.
The Privacy Mode can be turned on or off at anytime. Though this feature is small but it will help the traders to larger extent. One can concentrate on money and risk management and trade execution part.
How to Use Privacy Mode :
Image source : zerodha.com
To enable Privacy Mode,
- Click on the UserID
- Click on the Privacy Mode toggle button
Final Thoughts:
If you are not used the all new Privacy Mode, I recommend you to try it once. I am sure your trading experience will improve.