GLOSSARY · RISK & PERFORMANCE
What is Bracket Order?
A bracket order places your stop and target automatically when the entry fills.
Brackets (also called OCO — one-cancels-other) protect you from forgetting a stop and from emotional exits. When the target fills, the stop is cancelled, and vice versa.
EXAMPLE
Buy 1 ES at 5,000 with a bracket: stop 4,996, target 5,006. Whichever hits first closes the trade.
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