Lemonn Launches Kill Switch for Smarter F&O Trading
Lemonn Launches Kill Switch, a new feature designed to help Futures and Options (F&O) traders stay disciplined and avoid emotional trading. With a single tap, traders can temporarily stop placing new F&O orders, helping reduce the chances of revenge trading and impulsive re-entry after losses.
Whether you’ve hit your daily loss limit or simply want to take a step back during volatile market conditions, Kill Switch gives you greater control over your trading decisions without affecting your equity investments.
What Is the Lemonn Kill Switch?
The Lemonn Kill Switch is a built-in risk management feature that allows traders to temporarily block new F&O trades.
Instead of reacting emotionally after a loss, traders can activate Kill Switch to pause trading until they are ready to return to the market.
The feature is designed to encourage disciplined trading and better risk management.
Kill Switch only applies to F&O trading
When you activate Kill Switch:
- New F&O orders are blocked.
- Existing F&O positions can either be closed or kept open.
- Intraday equity trading remains unaffected.
- Delivery investments continue as usual.
- Margin Trading Facility (MTF) trading is not impacted.
Why Lemonn Launches Kill Switch
One losing trade often leads to another when emotions take over.
Many traders experience:
- Revenge trading
- Overtrading
- Impulsive re-entry
- Ignoring risk management rules
- Chasing losses
By launching Kill Switch, Lemonn aims to help traders pause before making emotionally driven decisions and stick to their trading plans.
How the Lemonn Kill Switch Works
Activating Kill Switch is quick and simple.
Step 1: Open the F&O Positions screen
- Go to the F&O tab.
- Open Positions.
- Tap the Settings icon.
- Select Kill Switch.
- Review the information screen.
- Tap Continue.
You will then be asked to choose one of two options.
Option 1: Close All F&O Positions
If you choose Close Positions, Lemonn will:
- Square off all open F&O positions at the current market price.
- Cancel all pending F&O orders, including TPSL orders.
This option is suitable if you want to completely exit the market and avoid further exposure.
Option 2: Keep Existing Positions Open
If you select Keep All Positions Open:
- Current F&O positions remain active.
- Pending orders continue as normal.
- No new F&O orders can be placed.
This allows traders to maintain their existing strategy while preventing fresh trades.
What Happens After Kill Switch Is Activated?
Once Kill Switch is enabled:
- A banner appears on the Positions screen showing the feature is active.
- You cannot create any new F&O orders.
- Existing positions behave according to the option you selected.
You can tap the banner anytime to check the Kill Switch status.
How to Resume Trading
Whenever you’re ready to start trading again:
- Tap Resume Trading.
- Complete OTP verification on your registered mobile number.
- Verify the OTP sent to your registered email.
After successful verification, F&O trading resumes immediately.
This additional verification step helps reduce impulsive trading decisions.
Automatic Expiry at Midnight
If you choose not to resume trading manually, Kill Switch automatically expires at midnight.
This means you can start the next trading day without taking any additional action.
Check Kill Switch Status from the Accounts Page
Apart from the Positions screen, you can also:
- View Kill Switch status.
- Continue your trading pause.
- Resume F&O trading.
All from the Accounts section of the Lemonn app.
Benefits of the Lemonn Kill Switch
| Feature | Benefit |
|---|---|
| One-tap activation | Quickly pause F&O trading |
| Blocks new F&O orders | Prevents emotional re-entry |
| Two activation options | Exit positions or keep them active |
| Dual OTP verification | Adds protection before resuming trading |
| Midnight expiry | Automatically resets for the next trading day |
| F&O-specific | Does not affect Intraday, Delivery or MTF |
When Should You Use Kill Switch?
The Lemonn Kill Switch can be useful when:
- You’ve reached your daily loss limit.
- Market volatility is unusually high.
- You’re feeling emotional after consecutive losses.
- You want to avoid overtrading.
- You need time to reassess your strategy.
Knowing when to stop trading is often just as important as knowing when to enter a trade.
How Kill Switch Supports Better Risk Management
Risk management isn’t only about stop losses and position sizing.
It’s also about recognising when emotions may influence decision-making.
The Lemonn Kill Switch introduces a deliberate pause between trades, helping traders stay disciplined and avoid unnecessary risks during emotionally charged market sessions.
Frequently Asked Questions
Q.What is the Lemonn Kill Switch?
The Lemonn Kill Switch is a feature that temporarily blocks new F&O trades, helping traders avoid revenge trading and impulsive decisions.
Q. Does Kill Switch close all open positions?
It depends on the option you choose. You can either close all open F&O positions or keep them open while blocking new trades.
Q. Does Kill Switch affect equity trading?
No. It only applies to Futures and Options trading. Intraday, Delivery and MTF trading remain unaffected.
Q. How do I resume trading?
You need to complete dual OTP verification using your registered mobile number and email before trading resumes.
Q. Does Kill Switch expire automatically?
Yes. If you don’t manually resume trading, Kill Switch automatically expires at midnight.
Q. Why did Lemonn launch Kill Switch?
Lemonn launched Kill Switch to help traders manage risk, avoid emotional trading, and build better trading discipline.
Key Takeaways
- Lemonn Launches Kill Switch to promote disciplined F&O trading.
- The feature blocks new F&O trades with a single tap.
- Traders can either close existing positions or keep them open.
- Intraday, Delivery and MTF trading remain unaffected.
- Dual OTP verification is required to resume trading.
- Kill Switch automatically expires at midnight.
- It helps reduce revenge trading and supports better risk management.
Disclaimer
The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Lemonn (Formerly known as NU Investors Technologies Pvt. Ltd) do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
