The real reason your strategy isn't working

F&O
1

Been trading F&O for 3+ years. Learned SMC, supply demand, CHoCH, BOS — my analysis got good. But my P&L stayed red.

Reason? Overtrading. My win rate was 55%. Strategy was profitable on paper. But I’d take 15 trades instead of 3-4. The extra trades were pure revenge and emotion — they ate all my profits.

Tried sticky notes, journaling, even telling myself “max 3 trades today.” Nothing worked in the heat of the moment.

Then I found this platform called TradeGuardhq.in — it connects to your zerodha upstox and dhan account and works as a kill switch.
You can set it up in multiple ways:
Loss limit — hits your daily loss cap, blocks all orders
Max trades — say you set 4 trades max, after the 4th trade it shuts you down for the day
Time based — block yourself from trading after a specific time, like no trades after 1 PM when most revenge trading happens

It re-fires every 5 seconds so you can’t override it even from the broker app.
No willpower needed.
Result? Monthly P&L turned green for the first time in 8 months. Same strategy, same setups. Just fewer stupid trades.
Check it out — https://tradeguardhq.in
How do you guys handle overtrading? Is discipline really the issue or are we just not honest about it?

1 Like
2

@Varun_Bhardwaj1 Great system you’ve built (I haven’t tested it yet, but it’s much needed for every trader) :raised_hands:.

To Zerodha,
@siva @Arockiya_Raja @nithin
I know you guys are working on parts of this, but please don’t move so slowly. If Zerodha prefers a “slow and stable” approach by default, then you need to start working on these features earlier than everyone else so you can release them ahead of or at least on par with the competition.
Currently I see zerodha as Late-Lateef.

3 Likes
3

They will give like angel one or dhan to exit on running position but that will not work for improving trading psychology. You please check that out once

4

i already built one for myself (what you are providing there) using it since start of the year, it is effective / helpfull,

That’s how i know people should have those kind of systems. & Broker itself should provide them.

5

Let see what they provide , but can you tell what have you built will be great learning for us as well

6

Everything you have on your site, I have something similar (for my personal use only). I haven’t built a site or anything like that, nor have I shared it with anybody. It’s only for me, and there is nothing I have that you haven’t introduced yet.
Keep working on your project; it is very worthy for traders.

7

Thanks it is now available to all

1 Like
8

Hard limits can definitely help, especially when emotions take over. But I think the kill switch controls the damage without necessarily fixing what triggers the overtrading.

For me, extra trades usually started after a stop-loss or a missed move. I began tagging trades as “planned” or “impulsive” in EdgeLog and noting what happened just before them. The pattern became obvious after a few weeks.

The best combination is probably both: a hard limit to protect the account today, and an honest review to understand why the urge keeps returning.

9

100% agree — kill switch is the seatbelt, not the driving lesson. It buys you time to do the inner work without blowing up the account first.

That’s why pairing it with trade analytics helps — you start seeing the pattern in data, not just gut feel.
Hard limit + honest review is the real combo.
We built exactly this at https://tradeguardhq.in/
— set your daily loss limit, max trades, and profit target before market opens. If you break a rule, it auto-squares off your positions and locks you out till next day.

10

"What about latency issues? How is your platform able to handle the load if more people join and use it simultaneously? As I understand, you are not registered with the MCA and do not have a CIN, which implies you are operating either as a partnership firm or an individual. Given this setup, how do you plan to support users (24*7) and manage infrastructure during periods of high volatility, glitches, or other major technical issues?

11

Discipline is definitely a big part of it, but having systems in place can make it much easier. The best improvement I made was accepting that not every market move is my opportunity. Setting a daily trade limit and walking away after reaching it helped me far more than trying to rely on willpower. Whether you use software or just strict rules, the goal is the same: protect yourself from emotional decisions, because one revenge trade can wipe out the profits from several good ones.

2 Likes