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How to Create OCO Bracket Order on Tastyworks Mobile App In today’s video we’ll learn how to place OCO bracket orders on the tastyworks mobile app.
You may also know it as a take profit / stop loss order, but its all the same thing. Its simply an advanced order that allows you to close your position at a profit while simultaneously working to close your position if it goes against you to hopefully stop you from losing too much money. Now these are two separate orders both trying to fill, whichever one fills first, the other is automatically cancelled.
Throughout this video we'll go through several different examples. Placing OCO brackets on both long calls and long puts. As well as short calls and short puts.
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