What is Punch Protection?
A built-in risk management tool that lets you set stop-loss and target prices on your positions with no extra margin.
Written By Archit Sunat
Last updated 27 days ago
Every trader needs a way to define when to exit a trade — both to limit losses and to lock in profits. Punch Protection gives you exactly that, directly from your positions screen.
What Does It Do?
Protection lets you set a stop-loss and a target price on any open position. Once set, Punch monitors the market and triggers the appropriate exit order when either level is reached.
How the Linked Orders Work
When you set both a stop-loss and a target, they work as a pair. If one is triggered, the other is automatically cancelled. For example, if the price hits your target and you book profits, the stop-loss is removed so it does not trigger later and open an unintended position.
Key Benefits
No extra margin — setting a stop-loss and target does not block additional funds beyond your existing position margin.
Automatic cleanup — exit your position manually, and the protection orders are cancelled for you.
Partial exit support — close some lots, and the protection adjusts to cover the remaining quantity.
Built-in risk-reward ratios — helps you plan trades with discipline by showing the risk-reward before you confirm.
How to Apply Protection
Go to your open positions.
Select the position you want to protect.
Tap on Protection.
Set your stop-loss price, target price, or both.
Confirm, and your position is protected.
Protection stays active until it is triggered, the contract expires, or you exit the position yourself.