How do I sell with OCO?

How do I sell with OCO?

How to use OCO orders? After logging in to your Binance account, go to the Basic Exchange interface and find the trading area as illustrated below. Click on “Stop-limit order” to open a dropdown menu and select “OCO.” On Binance, OCO orders can be placed as a pair of buying or selling orders.

What is OCO breakout?

OCO (one Cancels the Other) will enter into the market with a long position on the break of resistance of a short position with a break of support. Stop orders can be placed in between the OCO entries prepared to limit losses on the return of prices back inside of previous support and resistance levels.

What is OCO trigger?

OCO (One Cancels the Other) trigger When you buy stocks, you can place an OCO trigger where you can set a stop-loss and target trigger %. When either of the triggers is hit, the order is placed at the exchange and the other trigger is cancelled. You will get the GTT trigger option when you place a CNC buy order.

What is 1st Trgs OCO?

1st Triggers OCO. The first order in the Order Entry screen triggers an OCO order (“one cancels other”—see below). For example, first buy 100 shares of stock. When the order is filled, it triggers an OCO for your profit stop and stop-loss.

What is Binance OCO order?

Intermediate. A “One Cancels the Other” (OCO) order consists of a pair of orders that are created concurrently, but it is only possible for one of them to be executed. This means that as soon as one of the orders get fully or partially filled, the other one will be automatically canceled.

What is an OCO bracket order?

Also referred to as a bracket order, the OCO is an instruction issued with the goal of linking a stop loss order with a limit order. When it comes to this situation, the stop loss order acts as protection in case the trade moves in the wrong direction. The limit order on the other hand serves as a profit target.

What is OCO bracket order?

How do I get rid of GTT?

Steps to cancel GTT orders in Zerodha:

  1. Go to the GTT tab of the Order Book.
  2. Select the order you want to cancel.
  3. Click on the Delete button to remove the order from the GTT tab.
  4. If the trigger gets hit, the order moves to the Pending order window.
  5. Click the GTT order you want to cancel.

How do I get rid of triggered GTT?

How do I delete a Good Till Triggered(GTT) order placed on Kite?

  1. Go to the Orders window on Kite.
  2. Click on the GTT tab.
  3. Place your cursor over the stock you want to delete and the options tab will pop up.
  4. Click on the options tab.
  5. Click on delete.
  6. Click on the delete button.

What does GTC ext mean?

GTC order stands for Good Till Cancelled order (during reg hrs). This means that the order will be active until you cancel it. EXT means extended hrs. GTC + Ext means that the order will be active during both regular market hours and extended hours until you cancel it.

What is OSO order?

An order-sends-order (OSO) is a type of conditional order in which the execution of a primary order triggers the placement of one or more secondary orders. Also known as order-triggers-other (OTO), these compound conditional orders can be used to mitigate losses and lock in profits on a new position.

What is an OCO trade in forex?

Understanding Order Cancel Order(OCO) Forex TradesOCO trades can help you become the best forex brokeryou can be, but they are also complicated and for U.S. citizens it is an illegal trade to make. What is an OCO trade? An order cancel ordertrade (OCO trade) is a trade that is a mix of a normal limit order and a stop loss order.

What is an OCO order?

On many trading platforms, multiple conditional orders can be placed with other orders canceled when one has been executed. Traders can use OCO orders to trade retracements and breakouts.

What is one cancels the other (OCO)?

One-cancels-the-other (OCO) is a type of conditional order for a pair of orders in which the execution of one automatically cancels the other. OCO orders are generally used by traders for volatile stocks that trade in a wide price range.

What is an order cancellation Forex trade?

An order cancel ordertrade (OCO) forex trade, also known as a one cancels the other or order cancels other trade, is a unique type of forex trade. It lets you bet on both sides of the market if you are unsure if the price is going to go up or down. It also lets you trade without having to watch the market pip for pip.