The Special Orders menu provides options for order-cancels-order and bracket order types.
• OCO: A multi-part order. If one part of the order is executed, then all other parts are cancelled.
• BRKT: A type of order-places-order (OPO) where filling, for example, a buy order triggers a sell OCO - a profit target order and a stop loss order. If one of those orders is filled, then the other order is cancelled.
You must be enabled for these “smart order” types.
Learn how to place an OCO order
Learn how to place a bracket order
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