1st triggers all thinkorswim reddit Under the Trade Tab > All Products, right click the BID and choose "BUY CUSTOM > with OCO Bracket" In the Order entry tools, an order will be created with a BUY order and a Limit and Stop that will cancel each other out when one is filled. or similar. I thought I would let others know since there is no warning or notice of such in the platform. Essentially, it is looking for 4 or more negative candles and to kick off a stop limit order to sell. The sub exists for the benefit of all ThinkOrSwim users. Click on the Advanced Order button and load each choice so you can see what they really mean. Active Trader tab Template: "TRG w bracket" (Trigger with bracket), i. Market order triggers TP and SL of 15% on every trade. First off, is this possible? Posted by u/OVelaTrading - 3 votes and 1 comment Any way to use 1st Triggers All, and then store the market price of the first order to be used in the closing trade? upvotes · comments r/thinkorswim As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Today, I setup a TRG w/bracket order and once my entry price was triggered, the STOP and LIMIT trigger lines disappeared from the chart/screen. It’s a measure of the market volatility. ” Click on it, change it to 1st triggers Seq. 67 a couple minutes later. A STOP is a MARKET ORDER with a trigger. On desktop, it looks like what you may be looking for is the 1st Triggers 2 OCO, or 1st Triggers 3 OCO. when your limit is hit he generates profit and stop loss orders. One buy order can trigger 2 or 3 separate OCO brackets. Designed for swing trading. When one of the subsequent orders gets triggered, is there a way for my ThinkScript to know what bar number it was triggered on? I see there is a BarNumber() function. For the Trail Stop you'll want to disable the upper limit to let er run. Will my first call to BarNumber() be the bar that my order was triggered on? If I use a 1st triggers OCO order to submit a buy order which triggers an OCO with sell limit and stop orders. The TP & SL can each be set to either an amount or percentage, and your SL can be set or trailing. :/ good luck! It's just an OCO order. If the market price triggers your stop limit and continues past the limit price, you may get a partial or no fill at all until it comes back down to your limit price Yes, instead of using "Single Order" when you create the buy order, use "1st triggers OCO". In a 1st trgs seq order, if the first order was a limit order and doesnt completely fill does the 2nd sell order get adjusted to the filled position size or would it stay at the original value? ie. Please let me know. or 1st triggers all, and then right click on the buy LMT order and click “opposite order. The scan only runs on the tickers in my original watchlist. First of all, I have no issue buying the opening price. It can be found by hitting the "Advanced Order" drop down at chart bottom. But I don't want to manually add each order, every time. Once you click, it opens to the Order Rules window. Not possible unfortunately. I'm trying to buy a straddle and have an OCO for both legs separately. For instance options analysis in and of themselves have very little need for charting. Feel free to discuss further. as far as I know you’d have to manually reposition the Stoploss after your first take profit occurred. I'm using a 1st triggers OCO in my paper trading account, but I'm not sure it's set up correctly. As a result, I deleted all dynamic watchlists, which in turn deleted all scanners. Hello, I have come across this problem that has such a big impact that I believe I cannot be the first to mention it. I came across this thread by u/hwsplife while I was looking for a way to execute orders with multiple embedded OCOs using 1st trigger behavior. I'd start with "1st Triggers 2 OCO". I know all about risk management and have tight rules in place for my day trading(buy low sell high on small caps). You give up the ability to activate/deactivate an order using thinkscript in the Order Condition dialog (gear icon next to order). I would like it to Buy whenever the condition is true and leave the shares open. 1st triggers all as well. I can also sort on the STATUS column to group all the TRIGGERED Alerts together. If you set a 1st triggers OCO order, you can make this work. Slide down ladder to desired Limit trigger. I understand it should be a 1st Triggers OCO order. How I was thinking of doing it on the mobile app was through (see attached). When I enter a buy or sell order on the Active trader ladder, I would like to have the the stop portion of my order to enter an identical order in the opposite direction. It syncs an order line to the screen as you move up/down to desired price. Now you'll get an "Order Confirmation Dialogue" box, that you can confirm or edit. 28 (TRG-5. if you want a template that does all this from the get-go, when you're placing your first entry, create opposite order from that, change to 1st trg OCO, then duplicate the opposite order and make those 2 exits your limit / stoplimits. Is this possible on the app? I can setup OCO/conditional orders but not 1st triggers+OCO. Also, it's way too easy to cancel alerts with that cancel symbol Learn how to build conditional orders which cover both the trade entry and trade exit. Hello, I only use TOS and I only perform TRG w/bracket orders, unless outside market hours of course. In other words, I didnt want triggers to go off on touches. To clarify, I do the 1st triggers all because it’s my understanding, from chatting with support, that’s the only way to do a limit order on the buy to open. This a “First Triggers OCO” order you are referring to. I want another limit order to sell that call once the first order is filled. I mean really learn how to use it and all it has to offer. The official unofficial subreddit for Elite Dangerous, we even have devs lurking the sub! Elite Dangerous brings gaming’s original open world adventure to the modern generation with a stunning recreation of the entire Milky Way galaxy. In addition, is there a way to save such an order setup as a template for future trades? (on ToS Web, Desktop does have this functionality) As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. When you're building out the order on the order entry tool, change the advanced order section to OCO and make 2 closing orders, one limit the other stop. I'm not sure what a "1st trigger" bracket order is, but I use double bracket orders (orders with a separate sell target & Stop Loss as a default and have had good success with it. Is there any way to get Step 3 as part of that? I already have a template set up with step 3 being a conditional order that I have to go through and manually change some parameters, such as 'Symbol' and 'Threshold' under "Conditions" before I execute the order. I don’t want it to trigger on the way up. Started learning and diving into options the last couple of months. Appreciate the input! Feb 24, 2021 · First Triggers All (1st Trgs All) Order Type. At one time, Schwab customers had to request access, but I don't know if that's the case any longer. 100 limit buy @ $100 -> 100 limit sell @ $101 Hey guys, I know this is possible on other brokers but would love to be able to do it on think or swim. Feb 24, 2021 · The First Triggers Sequence order is a Thinkorswim advanced orders type that will allow the trader to submit up to 8 orders to be triggered sequentially, in the order they’re entered. If you edit, you'll enter order management, including Single, Blast, Pair, OCO, 1st Triggers Seq, 1st Triggers All, 1st Triggers OCO, 1st Triggers 2 OCO, 1st Triggers 3 OCO. Instead, it shows the time the Alert was created. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. 10 MARK SELL -1 SPY 100 (Weeklys) 21 NOV 22 395 CALL STP 2. You can then set sell orders that are only placed in the market after the buy order fills. Thank you for the info on other scanners! I will check them out Assuming you’re referring to the VIX. I know it looks like a lot of tedium, but it all only takes a second after you’ve done it a few times. Use the drop down (order type tab) to pick which one you want (I. I want an OCO that one of one of the 2 orders triggers another one. How would I create an order that provides me with a stop loss to sell all the shares I bought, and 2 separate limit orders for a lower take profit… # 3. In the order editor, there is a drop down box that says single order. What i want is for 1st triggers OCO to be my default order type. A STOP LIMIT is a LIMIT order with a trigger. If you right click over the the ask, you can choose “buy Custom” > With OCO bracket Like was mentioned already, create an order with your triggers and save it, you can make one for each “price range” of stocks you typically buy. I've been using the platform since last year and this is the first time I have run into this. For example, buy X if price hits 100, then sell if price… Is there an option to put offset when I buy or sell a stock in Thinkorswim? For example, I am putting $10 limit buy order on a stock with offset of 5 cents, so that broker can fill in the best price between $10 and $10. -Tried separate buy and separate with separate OCO -Tried separate buy with separate conditional study sale only As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. As Im using OPG method on buying the market open, so the fill is not luck. It’s derived from the SPX options prices. First Triggers One-Cancels-Other (1st Trgs OCO) Order Type Okay, I have been trading for about 8 months. You can get a fill but don't expect an alert to trigger. The study does trigger correctly. When I set a stop loss, and the stocks price drops below, the stop loss it does not get triggered. If you want to get in as the price moves, a market order would be better (and would follow price). Thinkorswim isn't having a planned or an unplanned outage. A limit order is just that, a limit of the price you are willing to pay. If you want to get all fancy, you can do a "TRG w/bracket" that will simultaneously let you put in a buy (or short-sell) order, take-profit point, and stop loss point all at once. I work a 9-530, sometimes 11-730, (central time) and I don't always want to close my day trade positions before I go clock in for my shift. I'm trying to buy an option at market price and then sell that option when its value goes up 2% or down 5%. You can do 2 separate 1st triggers. Click the settings tab on the active trader where you customize the buttons and make sure you have order template and editor on the included side. I'm using the desktop version of ThinkorSwim. Example: Symbol: AHT Method: (skip setting the method) Trigger: TRSTP Method: Mark% (go back to set the method after setting the trigger) There is NO WAY FOR ME TO QUICKLY FIND THESE NEW 5 ALERTS. OrderA <OCO> Order B <triggers> Order C. 42/1. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. This scan has no directional bias. Not a 1st triggers OCO. ex: 1st trgs all BUY +1 SPY 100 (Weeklys) 21 NOV 22 395 CALL TRSTP MARK+. Its called a "1st triggers 2 OCO" . Obviously this isn’t the automated approach you were asking for. Stock trades back down through prior day's high, which triggers the sell # 4. The SENT column DOES NOT SORT BY THE TIME THE ALERT WAS SENT. beyond that i would recommend you go directly to thinkorswim (documentation/ help) in order to not mess up your order conditions, and i strongly suggest you practice them before using with real / large positions. com Visa Card — the world’s most widely available crypto card, the Crypto. Also I do it because, again if I understood correctly, support said a buy to open trail stop isn’t common (My understanding from chat support is that the trail stop is mostly used on As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Hello all - I’ve just used the search function but can’t seem to find the answer I’m looking for. What 'm trying to do is, if a price target is hit, then just create a new Trailing Stop for the remainder of the shares, automatically. The 1st Trgs All order will wait for the initial order, order number one, to execute, then immediately send the remaining orders for execution all at once. positions -> find ticker, right click -> create closing order -> with stop -> gear icon on right side of editor -> order rules. Then create your buy order as the first order. Hello. So to open the trade use the order template and knowing the trigger price, I use that value and tell it not to trade before the appropriate time (9 am in my case). It's a powerful tool set that takes time to learn and master, but well worth it. save as order template. Lower left corner of the order placement window, you’ll see “single. Feb 11, 2021 · TOS gave you the answer However, you could try making a 1st Triggers All order with each option Qty set to -100% That should work better than a Blast All order with Qty set to -100% For more information see THIS page in the Thinkorswim Learning Center The problem is that it would take time to pull up a saved order, verify, and Good morning Im wondering how i can change 1st trigger order in terms of # of shares and auto reflect the OCO. Hi all, I’m new to thinkscript and having some trouble grasping the concept of it all. OCO orders work on stocks. It also defines predefined order combos such as OCO and Triggers. Have to wait until tomorrow to talk to the futures gurus at TOS. Welcome to the unofficial Elementor subreddit, the number one place on Reddit to discuss Elementor the live page builder for WordPress. Needs to be 5 total orders, one buy and two sell/two stops. 29/30. The issue is in submitting a conditional order of the type "1st triggers sequence" with multiple futures orders of the form (denoting with /XYZ just a generic futures contract): buy 1 contract of /XYZ sell 2 contracts of /XYZ I don't enter positions before 30 minutes after the open, each order has a specific trigger price. On mobile you can only do: OCO, 1st Trgs OCO, 1st Trgs Sequence, 1st Trgs All, and Blast All. ” Change the price to what you want and send it There are hundreds of little traps on all brokerage platforms, try set alerts to your phone on price levels. Consider the Active Trader ladder as an entry to Order Mgmt. Trigger with OCO is as far as it goes. But I got filled at 558. I am on ToS and have my 1st trigger OCO programmed and all set. If you have a question, chances are untold countless of others have the same question. Use an advanced order type instead. If it’s an initial order, then it will calculate percentage changes from the moment you send. I’ve started to trade in options and I’m wondering if I can define close trade triggers? My specific use case is this: Notional numbers: Buy: $1. And I have a defined stop with trailing stop order. This is ALWAYS the ASK. There is something wrong specifically with your computer, network or login. 50 and it rose in value to $2. For instance if i already have 1st trigger OCO orders with 100 shares as it auto populates, but change my mind that i wanted to 1st trigger order from 100 shares to 1000 shares but the already created OCO orders dont reflect from 100 to 1000. a stop is a wait trigger, but will be rejected if it's not on the right side: sell stop must be below current price during market hours, buy stop must be above current price during market hours. I really wish TOS would allow some type of hot key to just sell half the shares instead of having to flatten out of the entire trade. Hey all sorry if this was asked. If you discovered something helpful, share it with everyone. For instance if the alert is to tell me something is at strong resistance, I would assign it to a watchlist called "At Strong Resistance" so I can have that watchlist running all the time and whenever something triggers, it will send the ticker to that list and allow me to look thru all triggered alerts on a single glance. Well, everyone has to find the best setup for their own style of trading, instruments being traded and overall mindset. 1st triggers OCO requires the initial order and 2+ subsequent orders that all go into effect once the initial order is filled. Will post a solution if one exists. That will now show me 15 Triggered Alerts but again NOT sorted by the latest ones to trigger. If the second 5 min candle of the day closes above the high of the first candle If the first 5 min candle had a topping tail no larger than 50% of the body’s length Exit Conditions: Stop out at the low of the opening 5 min Candle Take Profit when Profit = 3 x Risk or when a 5 min candle breaks the previous candles low Then call Schwab customer service. If it’s a $10 spot select the $10 order type and turn on auto send so no confirmations. If you take the time to learn ToS. Did you find 1st Triggers 2 OCO? Sounds like what you want - The first order in the Order Entry screen triggers two OCO orders. To add a 1st Triggers OCO order in Active Trader, repeat all steps from Entering a First Triggers (above), but keep both orders from Step 2 enabled. Trading foreign exchange on margin carries a high level of risk, as well as its own unique risk factors. Now I would like to apply this same principle to a 15 minute opening range candle. . If it’s an OCO from a “1st triggers” order then it’ll calculate from the moment the first order is submitted, obvs. 1st Sep 5, 2024 · I'm looking to set up a 1st Trigger OCO order in ThinkorSwim based on signals. The unofficial subreddit for thinkorswim®. Also, TOS is way more pleasant to use than TradeStation IMHO, particularly in finding information like contract details. Right now I am trying to create a program that check and see if the stock price would be above the 200 SMA and then would basically buy a stock at the bottom brollinger band and sell it at the top band. Sep 5, 2024 · I'm looking to set up a 1st Trigger OCO order in ThinkorSwim based on signals. I have a limit order to buy a call at X dollar. More specifically, I would like to put an order in to buy after a 10 minute candle closes above the high of the first 15 minute candle on the day. 45? Because you have it all wrong, the system is thinking you want the stock to activate when your total transaction = $30. But i mainly use ToS mobile to execute my trades as i find it easier. Similar in nature to the First Triggers Sequence order and the Blast All order types. Let your post be an improvement to the community. 100 limit buy @ $100 -> 100 limit sell @ $101 Hey all, New to thinkorswim, and just wondering if there’s a way to do what I’m thinking. I'm not even sure is STD is the cause of this. 05. With OCO, you can create both Stop and Limit profit-taking orders, but only one or the other will execute. Stock goes above the prior day's high # 3. 2 brackets with 2 stops and 2 profit taking. Stop will trigger and submit a market buy order, a stop limit will trigger and enter a limit order at whatever price you set. Is there a way to automate this? i don't mind having to update some prices, but if i select a position i want the order entry to fill with three orders. PITA, but I am glad I got that resolved. I even talked to TOS customer service today, and they didn’t have an answer. 45/share which I assume it was doing correctly at the time because right now the stock price is at 31. The stop is set at the current intraday high Hi guys, I'm using STOP LIMIT order with OCO for taking profit and cutting losses on my trades. If you use a limit you may never get filled, so market is best. You would need to do an oco with a trigger which is not possible. Edit to add: Your account may not be approved/eligible for Thinkorswim. You can still place OCO, 1st Triggers orders in TOS. com Exchange and Crypto. I have 1 and 2 figured out. I had to build them from scratch all over again. 84 and the premium is at 1. So, I split the order into two separate OCOs as someone else suggested. It will allow you to create an order for one stock (in this case a sell order for one stock), then once that order executes you can have it create a new order (in this case, a buy order for the other stock). So are you saying you want your order to execute when only the stock is at $30. TD amertrade has some good videos in their education area that demonstrate this but I don’t have a link to share with you. Crypto. I was wondering if TOS has the ability to save an order template. 00 Exit Strategy: $1. I tried 1st Triggers 2 OCO but that creates two Trailing Stop orders with different price targets. I can place all of those trades pre-market. There's an "advanced order type" called "1st triggers sequence" that will do it. periods of high implied volatility are good for selling strategies such as covered call or short vertical spread. "Active Trader" tab is the tool to do so. At first I thought it was a bug, until I found this thread. Automation sucks but you can do 7 trades in a row via 1st triggers sequence and not worry about anything getting disconnected. -Tried doing a 1st trigger buy OCO with the study and a trail stop; most of the time the study would fail to trigger but the trailstop would work. Option premium and implied volatility are related. Reply Hi Woof, I changed my username. Good Morning All, Just a quick question…is there a way to change the template on Active Trader so that instead of Manually having to change from “Single” order to a “trigger” order it automatically starts as a “trigger” order?? My goal is to have a stop loss set right away when entering a trade instead of having multiple steps. When I'm using OCO brackets, I set the 1st trigger at a price away from what the price currently is but it still gets triggered and I can't figure out why. Thanks! The first 3 lines are a simple 1st Triggers OCO. Tressless (*tress·less*, without hair) is the most popular community for males and females coping with hair loss. 1st It may be used as the triggered order in a First Triggers so that when the first order fills, both OCO orders become working; when either of the latter is filled, the other is canceled. Sounds like you want to use a trailing stop or trigger order. I get I can set trailing stops, stop market/limit, take-profits, but is there a way to set an order so your position is closed at a certain time right before the closing bell? I have a conditional order, that kicks off a study. I have no idea why but now it works as expected. I want to set up a "1st Triggers All" to automatically execute a trade when SPX dips below certain value, but then to set up the triggered order to close the trade based on the market price the 1st order executed at. com is the best place to buy, sell, and pay with crypto. Then trigger a “bracket” order to sell your shares in two 100-share OCO orders. Change to 1st Triggers All (1st trgs all). Hi, I am using a 1st triggers sequence of conditional orders based on custom studies. When any of the subsequent orders are filled, the rest get canceled. Eliminates earnings. Is there a way to build "first triggers multiple OCO" orders using ToS Web? I know that on desktop you have predefined 2OCO/3OCO functions, but I am not sure if this can also be achieved with the WebApp. Clients must consider all relevant risk factors, including their own personal financial situation, before trading. If the buy triggers first, it should cancel the sell order (and vice versa). But I'm worried that it's actually set up to sell if the underlying (not the option) goes up 2% or down 5%. I’m trying to get a second OCO to trigger as a result of one of the first OCO outcomes. Change the numbers in the custom study thinkscript to tighten or loosen the % from the ema. You can also augment these by combining them with a STOP or a STOP LIMIT. I made a "1st triggers 2 OCO" order which would work, but it calculates (since I'm using a percentage) the limit sell and stops of each OCO based on the fill price of the straddle (call price+put price), and it immediately triggers my stoploss and closes my position. When I use AddOrder to buy, it works but only on the first time the condition is true, and no longer triggers another buy when the condition is subsequently true again, unless the original long positoin is closed with sell to close. When I purchase an option contract and if it hits my stop loss, it will trigger the stop loss, but if it goes above my target price it’ll trigger the sell. I had an equity that trades 24hrs that I set a price alert for. com serves over 80 million customers today, with the world’s fastest growing crypto app, along with the Crypto. Stock is up for multiple days # 2. 27. 7. Edit: formatting The closest option is "1st triggers OCO," which leaves me one OCO short. 54K subscribers in the thinkorswim community. com DeFi Wallet. Any way to use 1st Triggers All, and then store the market price of the first order to be used in the closing trade? upvotes · comments r/thinkorswim It appears that if you use a trailing stop (TRSTP), you can indeed get what you're looking for in the condition wizard, with one caveat: you have to set the trigger BEFORE you set the method. Meaning that if Order A is executed then Order B (and C) is cancelled. A workaround can be to add an arbitrary order submit condition (you could add a custom submit time with only two taps, and unlike ToS desktop, if the time has already passed -- as will be if you accept the default time -- you'll get only a warning rather than being stopped from sending the order). Market, limit or stop orders are all placed from here. Your sell order as your second. 00%) MARK TRG BY As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. 77/31. This would be set up as a 1 triggers all with an OCO. So today I was trading and put in a conditional buy order of $900 worth of shares with a limit sell order to sell 100% of position at TRG+1% and noticed that TOS only bought me $50 worth of shares which is normal for a partial fill sine the price didn't come down that heavy on the mobile app yea i think you hit the option then go to trade spread and then to advanced order,,,there you'll see the trigger order on top and you can add orders to the OCO beneath it, you have to go and change the OCO orders from "To Open" to "To Close" by pressing on them and changing the setting, and yes it's "1st triggers OCO" and yea one OCO is a limit where you set your profit I can’t find a way to do nested OCO orders… you could enter with an OCO at the top&bottom of your range (2x limit orders), and then when one triggers put another OCO in to exit (limit & stop). Currently set to scan within 4% up or down the 20 ema. In this example though, since they mirror each other, reversing your position when hitting the stop should accomplish the same I don't normally use stop limit orders as I am in and out of trades quickly, but today I wanted to give it a go. 48 making the covered call 30. 1st Triggers Sequence: The first order entered in the Order Entry screen triggers a series of up to seven more orders that are not filled until the next order in the queue is filled. I bought a contract to test at $2. What happens if the buy order is only partially filled? Does the OCO trigger with an equal number of shares that filled in the buy order? Or does the OCO not trigger leaving the partially filled shares exposed and unprotected? When this order is entered I also want to submit an order that will trigger a buy order at an 85% loss and another at a 50% upside profit. It should look like this. What are some examples of trade triggers? Is this another term for alerts? Will ALL types of alerts displayed on marketwatch-alerts be transferred? Or will we have to re-do them (reestablish, as they worded it)? Is there a way to transfer/back-up/save alerts? I haven't found one. So my question is: if they don't work, why are we allowed to place conditional orders based on studies in the first place? In my situation, I placed a GTC BUY (at mark limit) order based on a study that I was also monitoring in a chart (same time frame). Here’s what I need: Two orders: a buy with a profit/stop bracket and a sell with a profit/stop bracket. one profit/stop, two, three etc…) upon filling the order, regardless of your execution type, it will place your stop loss and profit taker right afterward. 42 In a 1st trgs seq order, if the first order was a limit order and doesnt completely fill does the 2nd sell order get adjusted to the filled position size or would it stay at the original value? ie. Use this subreddit to ask questions, show off your Elementor creations, and meet other Elementor enthusiasts. Best bet is to fire up the SIM and let er rip. So one order to buy and sell at a profit and one other order to short and then cover at a profit but you can’t set it so that you have one or the other fill and then subsequently have you profit order. You can do that through active trader. -10%), then change the order to GTC so it doesn't expire that day, then scroll right to the little gear icon and click it. 1st Triggers All: The first order in the Order Entry screen triggers up to seven more orders to be submitted simultaneously, each independent of the others. For example, suppose you wanted to initiate a call vertical, buy the call vertical to close at a predetermined price, then initiate another call vertical once Sep 15, 2024 · Hello, I want a closing order instantly pop up on my screen for mobile the moment I put in an order OR have a default closing order to trigger 1st Triggers: Seq / All / OCO / 2 OCO / 3 OCO Somewhere in this set of choices is your answer. Nothing crazy, just trying to grasp the basics of it all. Hi, In ThinkorSwim Mac I'm trying to create a 1st trgs 2 OCO order template where I can put in: A buy order using a $ amount (like $500) for quantity… Advertisement Coins 1st Trigger + OCO Stop Loss What I am wanting to do is have a Option purchased, and then when it reaches 30% profit, set a trailing stop 20%, the 30% profit (guarantee worst case scneario of 0-10% profit). Shouldn't the stop loss trigger even if the stock price falls below where I place the stop loss? My order default "stop type" is set to "STD". For example, first buy 200 shares of stock. The Sell order will only be active when the buy order executes. The trailing stop initial stop price stated in the screenshot is 567. Still ToS though for serious Yes you can. I usually place orders in the morning, go to work, and periodically check on the orders but this is difficult since I guess I don't understand how either the platform or OCO brackets work. The stop is set at the current intraday low # SELL Criteria: # 1. Stock trades back up through prior day's low, which triggers the buy # 4. It is awesome! I did sign up on Webull though a while back just to play around with crypto and I scalped a few options for the first time this week on WB and I must say it was kinda fun and nice not having contract fees. My basic order for trading is to buy X shares at market, then trigger an OCO: [Limit sell everything at 10% over my trigger price] and [Stop loss sell everything at market at 5% below my trigger price] when I think something will make a decent run. You mean 1st triggers 2 distinct OCOs? Like buy 1 T triggers -2T or +2T AND triggers -2TSLA or +2TSLA? I see 1st trig oco; oco; 1st trig seq; 1st trig all; blast all Specifically "One Triggers Another (OCA)". In thinkorswim, first set up your trail stop order, change the TR price to + -, step, or percentage (if percentage, make sure it's negative eg. If I first buy a position (options), then set a stoploss, then a trail stop, if the trailstop triggers do I have to cancel the stoploss? I know I can do this all at once with an oco order (using mobile, so advanced order) but if I'm in a hurry to get into the position that takes too long. I place these orders in the chart trader. thinkorswim® is owned by TD Ameritrade, which has recently… TOS is a good option until one is ready to go full-scale. Posted by u/ASAPCrafter - 1 vote and 5 comments What you are looking for is 1st Triggers All. Something like that. Does anyone know how to set up a stop loss based on the entry price of the first trigger OCO assuming the entry price was a market order? For example, I have a market order purchase of an option when the underlying hits a certain price. After viewing “Thinkorswim Automated Round Trip Trades” you will be able to build orders using the “1st triggers All”order type and have your trades execute based on study conditions you specify. Thanks for reaching out. Feel free to discuss remedies, research, technologies, hair transplants, hair systems, living with hair loss, cosmetic concealments, whether to "take the plunge" and shave your head, and how your treatment progress or shaved head or hairstyle looks. I'm wondering would it be possible to: Input 3 OCO orders, if either one filled, automatically cancel the remaining two OCO orders Placing a MARKET BUY order will instantly BUY at $11 because it will go to the first available price where someone is willing to sell. e. Stops get blown when you least need them to, it happens constantly while I trade, options are nightmarish with stops in the way they rarely trigger at a got fill if ever. A good example is "1st Triggers Seq" where you can (totally) automate the trade process based on indicator swings. 25 I want to trigger an automatic close when the price drops back down to the Exit Strategy value above.