Stop loss on pending limit orders?

TonXas

TonXas

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Is it possible to place a limit order with a stop loss?

I know once my order is filled I can set one but didn't know if it was possible to just have the two orders connected under one order.
 
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You can have one-triggers-other orders, or have one order trigger a one-cancels-other bracket, all kinds of stuff.

There are much better resources for learning these other than me rambling though.
 
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@TonXas I have several such templates setup within Active Trader so that as soon as I place an order it automatically sets both a Limit order and Stop order, based on my personal criteria for that trade... I can then move them if desired... They are linked so that once one triggers the other disappears (OCO)... These can also be configured so you can Right-Click on your chart and place the same type of OCO... If you haven't research these and started using them you really should... The Learning Center has documentation as well as videos, plus they are very well covered on YouTube...
 
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