[{"data":1,"prerenderedAt":315},["ShallowReactive",2],{"\u002Ffeatures\u002Fadvanced-orders":3},{"id":4,"title":5,"body":6,"description":278,"excerpt":279,"extension":303,"image":304,"meta":305,"navigation":306,"path":307,"seo":308,"stem":309,"tags":310,"__hash__":314},"features\u002Ffeatures\u002Fadvanced-orders.md","Bracket Orders, OTO, and OCO:  Advanced Order Strategies",{"type":7,"value":8,"toc":269},"minimark",[9,13,28,31,46,51,54,75,78,87,95,103,106,110,113,116,121,141,147,154,158,161,164,172,180,183,191,199,203,206,245,248,252,255,258,261],[10,11,12],"p",{},"A market order gets you in. A limit order gets you in at a price you like. But neither one answers the two questions that matter most after entry:",[14,15,16,23],"ul",{},[17,18,19],"li",{},[20,21,22],"strong",{},"When do I take profit?",[17,24,25],{},[20,26,27],{},"When do I cut the loss?",[10,29,30],{},"Most traders answer those questions manually — watching the screen, moving their stop, wondering if they should hold just a little longer. That's not a strategy. That's anxiety.",[10,32,33,34,37,38,41,42,45],{},"LamaTrader supports the professional order types that automate your trade management from the moment of entry: ",[20,35,36],{},"Bracket Orders",", ",[20,39,40],{},"One-Triggers-Other (OTO)",", and ",[20,43,44],{},"One-Cancels-Other (OCO)",".",[47,48,50],"h2",{"id":49},"bracket-orders-enter-with-an-exit-plan-already-in-place","Bracket Orders: Enter With an Exit Plan Already in Place",[10,52,53],{},"A Bracket Order bundles three orders into one:",[55,56,57,63,69],"ol",{},[17,58,59,62],{},[20,60,61],{},"Entry order"," — your primary buy (or sell for short positions)",[17,64,65,68],{},[20,66,67],{},"Take-profit limit"," — automatically activated when the entry fills, at your target price",[17,70,71,74],{},[20,72,73],{},"Stop-loss"," — also activated at entry fill, protecting you from runaway downside",[10,76,77],{},"When the entry fills, both the take-profit and stop-loss orders become active simultaneously. If the take-profit hits, the stop is automatically cancelled. If the stop fires, the take-profit is cancelled. You're never left with orphaned orders.",[10,79,80,83,86],{},[20,81,82],{},"Why this matters:",[84,85],"br",{},"\nDiscipline is hardest when you're in a position. Greed pushes you to hold past your target. Fear makes you cut winners early. Bracket orders remove discretion from exit decisions — you define the plan before entry, when your thinking is clearest, and the platform executes it without hesitation.",[10,88,89,92,94],{},[20,90,91],{},"Example:",[84,93],{},"\nYou buy 100 shares of NVDA at $125.00. You bracket it with:",[14,96,97,100],{},[17,98,99],{},"Take-profit at $132.00 (5.6% gain)",[17,101,102],{},"Stop-loss at $121.00 (3.2% loss)",[10,104,105],{},"Your risk\u002Freward is defined. You can walk away from the screen. The platform manages the exits automatically.",[47,107,109],{"id":108},"oto-one-triggers-other-chain-events-together","OTO (One-Triggers-Other): Chain Events Together",[10,111,112],{},"A One-Triggers-Other order executes a secondary order automatically when the primary order fills.",[10,114,115],{},"This is the right tool when you want to set up a trade plan in advance — including your stop — but you don't want the secondary order sitting in the market until you've actually entered the position.",[10,117,118],{},[20,119,120],{},"Common OTO use cases:",[14,122,123,129,135],{},[17,124,125,128],{},[20,126,127],{},"Breakout entry with conditional stop",": Place a limit buy above resistance. If it fills (the breakout happens), the stop is automatically placed below the breakout level.",[17,130,131,134],{},[20,132,133],{},"Scaled entry with limit",": Buy an initial position at market, trigger a limit order for the second tranche at a lower price automatically.",[17,136,137,140],{},[20,138,139],{},"Options entry with protection",": Buy a long call, automatically trigger a stop on the position at a defined percentage loss.",[10,142,143,146],{},[20,144,145],{},"The key difference from a Bracket:"," OTO is a one-way chain — primary fires, secondary activates. A Bracket is a primary + two linked exits (take-profit and stop compete; whichever fills first cancels the other).",[10,148,149,151,153],{},[20,150,91],{},[84,152],{},"\nYou set a limit buy on SPY at $548.00, which is just above a consolidation zone. If that order fills, an OTO automatically places a stop-loss at $543.00. If the breakout fails and SPY never reaches $548, nothing happens — your stop never enters the market unnecessarily.",[47,155,157],{"id":156},"oco-one-cancels-other-two-targets-one-trade","OCO (One-Cancels-Other): Two Targets, One Trade",[10,159,160],{},"A One-Cancels-Other order places two orders at the same time. When either one fills or triggers, the other is automatically cancelled.",[10,162,163],{},"This is the professional's tool for managing exits on an existing position — or for staging a conditional entry around a binary event.",[10,165,166,169,171],{},[20,167,168],{},"OCO for exits (the classic use case):",[84,170],{},"\nYou're long 200 shares of TSLA at $280. You want to take profit at $310 but also protect against a drop below $265. Place an OCO:",[14,173,174,177],{},[17,175,176],{},"Limit sell at $310 (take-profit)",[17,178,179],{},"Stop at $265 (stop-loss)",[10,181,182],{},"Whichever level TSLA hits first, that order executes and the other is immediately cancelled. No orphaned orders, no double exits, no manual cleanup.",[10,184,185,188,190],{},[20,186,187],{},"OCO for entries (the range trade):",[84,189],{},"\nThe market is range-bound. You want to buy a breakout above $155 or short a breakdown below $148, whichever happens first. Place a buy stop at $155.01 and a sell stop at $147.99 as an OCO. The market chooses your direction — you're already positioned either way.",[10,192,193,196,198],{},[20,194,195],{},"OCO for earnings plays:",[84,197],{},"\nEarnings are binary. The stock either beats and runs or misses and dumps. Place an OCO buy stop above the expected move and a sell stop below it before the announcement. You're set up to capture the move in either direction.",[47,200,202],{"id":201},"how-to-use-advanced-orders-in-lamatrader","How to Use Advanced Orders in LamaTrader",[10,204,205],{},"All advanced order types are available in the trade form — no special mode or subscription tier required.",[55,207,208,211,236,239,242],{},[17,209,210],{},"Open the trade form (click any symbol, use the AI, or press the trade shortcut)",[17,212,213,214,37,217,37,220,37,223,37,226,37,229,232,233],{},"Select your order type: ",[20,215,216],{},"Market",[20,218,219],{},"Limit",[20,221,222],{},"Stop",[20,224,225],{},"Stop-Limit",[20,227,228],{},"Bracket",[20,230,231],{},"OTO",", or ",[20,234,235],{},"OCO",[17,237,238],{},"For Bracket orders, the take-profit and stop-loss fields appear automatically after selecting your entry parameters",[17,240,241],{},"For OTO, configure the primary order first, then the triggered secondary order",[17,243,244],{},"For OCO, define both legs and the platform links them",[10,246,247],{},"All orders work in paper trading mode. Run through a few scenarios with paper capital before using advanced order types in a live account — the mechanics are simple once you've seen them execute once.",[47,249,251],{"id":250},"the-bigger-picture-plan-the-trade-trade-the-plan","The Bigger Picture: Plan the Trade, Trade the Plan",[10,253,254],{},"The cliché exists for a reason. The traders who execute consistently aren't smarter than everyone else — they've pre-committed to a plan before emotions enter the picture.",[10,256,257],{},"Advanced order types are how you operationalize that commitment. Define your entry, your profit target, and your maximum loss before you place the trade. Let the platform enforce the plan.",[10,259,260],{},"The market doesn't care about your feelings. Your order management system shouldn't either.",[10,262,263,264],{},"Questions about order types or trade execution: ",[265,266,268],"a",{"href":267},"mailto:info@optimaxsoftware.com","info@optimaxsoftware.com",{"title":270,"searchDepth":271,"depth":271,"links":272},"",2,[273,274,275,276,277],{"id":49,"depth":271,"text":50},{"id":108,"depth":271,"text":109},{"id":156,"depth":271,"text":157},{"id":201,"depth":271,"text":202},{"id":250,"depth":271,"text":251},"Market orders and limit orders are the floor, not the ceiling. LamaTrader supports Bracket, One-Triggers-Other, and One-Cancels-Other orders — the professional tools that protect your downside, lock in profits, and automate multi-step trade plans without babysitting the screen.",{"type":7,"value":280},[281,283,293,295],[10,282,12],{},[14,284,285,289],{},[17,286,287],{},[20,288,22],{},[17,290,291],{},[20,292,27],{},[10,294,30],{},[10,296,33,297,37,299,41,301,45],{},[20,298,36],{},[20,300,40],{},[20,302,44],{},"md","\u002Ffeatures\u002Fadvanced_orders.webp",{},true,"\u002Ffeatures\u002Fadvanced-orders",{"title":5,"description":278},"features\u002Fadvanced-orders",[311,312,313],"orders","features","strategy","i9XFs11ZczFywevXM8PCvFCdPd2baUiKO6tVPCuytzw",1779306078457]