Today we’ll be diving into the basics of how to create bracket orders, or take profit / stop loss orders within the ThinkorSwim mobile app.
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If you’ve been looking for an incredibly simple way to automate some of your trading, then you’ve stumbled across the right video. An OCO bracket will allow us to place both a profit taking order as well as a stop and have them work simultaneously.
We’ll go through a couple of examples on both positions you already hold, and also using a bracket as a part of a brand new trade. This can be used for stock, options, futures, and forex.
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