The hard part when just getting started is knowing where to sell or cut losses, this allows you to set both your limit sell and stop loss at the same time giving you the best of both worlds! Here is a complete breakdown on what is an oco bracket on the td ameritrade thinkorswim platform and how to use it! I hope this gets you one step closer to your goal! Happy Trading!
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By Stock Chat

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36 thoughts on “How to create the perfect trade plan oco brackets”
  1. Avataaar/Circle Created with python_avatars Kelly says:

    Game changer. Thanks!

  2. Avataaar/Circle Created with python_avatars Investing, swing trading, day trading says:

    If you have a tight stop loss, this is the best way to enter it

  3. Avataaar/Circle Created with python_avatars Investing, swing trading, day trading says:

    The ability to enter all the orders at the same time is the safest way to ensure the stop is in place once the buy gets triggered

  4. Avataaar/Circle Created with python_avatars CJ Ryan says:

    So if it shoots straight up to your limit sell, does it short the position?

  5. Avataaar/Circle Created with python_avatars cwclifford says:

    This is a One-Triggers-OCO, not a plain OCO.

  6. Avataaar/Circle Created with python_avatars cwclifford says:

    Nice video. If you already have a position, you can place just the OCO (limit/stop "brackets) portion of this approach to protect it. This only works on non-OTC stocks.

  7. Avataaar/Circle Created with python_avatars Jorge Ramos says:

    Is there any way to set default percentage based OCO brackets?

    (Stop at X% below entry and limit sell at X% above)

    I’ve been looking and looking with no luck.

    I haven’t looked into thinkscript to see if I could code an order template like this.

    Any help would be appreciated!

  8. Avataaar/Circle Created with python_avatars Al Foreman says:

    This is just what what I was looking for! Thanks.

  9. Avataaar/Circle Created with python_avatars Eddie Seneviratne says:

    Ricky, I am trying to remove my present phone number that I mistakenly entered to a another Discord account. Please help me delete it.

  10. Avataaar/Circle Created with python_avatars Janell Vargas says:

    How come I am unable to pull DGAZ, nor UGAZ ?

  11. Avataaar/Circle Created with python_avatars Hardcore Henry says:

    I've been looking for this thank you!

  12. Avataaar/Circle Created with python_avatars Xavier Karikitan says:

    Maaaaaaaaaaaaaaan I didn't know how much I actually needed to watch this video. Super informative, thanks for this

  13. Avataaar/Circle Created with python_avatars ronnie c says:

    OCO rocks…

  14. Avataaar/Circle Created with python_avatars MDLAmerica says:

    This is the best explanation to what OCO means that I've seen.

  15. Avataaar/Circle Created with python_avatars A Stark says:

    Thank you! …Question – Once it gets filled, how do you edit the order, say, if you want to move up the stop loss and then sell 1/2 of your shares, and then later all of your shares, using this OCO type order?

  16. Avataaar/Circle Created with python_avatars Epic Gaming says:

    great video straight to the point!

  17. Avataaar/Circle Created with python_avatars Spencer Lowery says:

    What about after you've already bought? It keeps rejecting my sell order because it's saying it's a short. Please help!

  18. Avataaar/Circle Created with python_avatars Wes Morris says:

    Hey Ricky! Thanks so much for the video. Down at the bottom where it says Advanced Order: 1st Trg OCO, what does that mean? And should we leave it or change it?

  19. Avataaar/Circle Created with python_avatars Silver Chimp says:

    Wow amazing!!! 👏🏼🤪🐒🐒🐒👍🏻🍌🍌

  20. Avataaar/Circle Created with python_avatars Gilbert Garcia says:

    Hey Ricky. New LPP member here. Great video. Would you suggest to use this order and enabling the extended hours for swing traders? I feel like there can be so much movement before or after hours that enabling extended hours for this order could help to cut losses before the next regular trading day open at a significant loss.

  21. Avataaar/Circle Created with python_avatars Shweta Agrawal says:

    Ricky I am learning so much from your videos. I always let your admin know if other folks are trying to post bad stuff about you on the Facebook group and also on LPP. You seem like a fair and genuine person. I have lost more than I have made so far but I I am still learning and I hope I can get better with time. Best luck to you and I hope you get your car fixed soon without much hassle. Loads of best wishes !! Guys RICKY is legit – his courses are great 👍🏼

  22. Avataaar/Circle Created with python_avatars A R says:

    Wont market makers trigger your stop loss, and is usually best to have a mental stop loss?

  23. Avataaar/Circle Created with python_avatars Tom T says:

    Thank you Ricky. This is very helpful

  24. Avataaar/Circle Created with python_avatars Becky Sharrah says:

    So in this specific example, if the stock rises up and meets your sell point first, what happens? Do you end up shorting on accident or does it not sell because your buy order has not filled yet?

  25. Avataaar/Circle Created with python_avatars Nickolas Wolf says:

    how profitable can setting up a Forex trade plan be?

  26. Avataaar/Circle Created with python_avatars Артем Заянчковский says:

    Thanks!)

  27. Avataaar/Circle Created with python_avatars Shahriyar Khodadadi says:

    I was exactly looking for setting up this type of order. Thank you Ricky!

  28. Avataaar/Circle Created with python_avatars Luke W says:

    Thank you so much! You are the best! This really help answer my question.

  29. Avataaar/Circle Created with python_avatars Fallen Devonish says:

    does interactive brokers have this, i mean the part where it links the buy and sell

  30. Avataaar/Circle Created with python_avatars Alex Winkler says:

    Been trading for 7+ years and I just now discovered the OCO Brackets haha cool share

  31. Avataaar/Circle Created with python_avatars rbalds says:

    WOW! Thanks Ricky this made it simple to understand.

  32. Avataaar/Circle Created with python_avatars AG says:

    Please, do a video about the Trace Stop Loss.

  33. Avataaar/Circle Created with python_avatars Changing Times says:

    Ricky I don't see the link below, very good video , that will help a lot , just what I needed, thank you so much. please let me know when the link is up.

  34. Avataaar/Circle Created with python_avatars Amrit Thapa says:

    I hope market goes well tomorrow.

  35. Avataaar/Circle Created with python_avatars Sue Sue says:

    wow, this was a great video.

  36. Avataaar/Circle Created with python_avatars Michael Arriaga says:

    Thanks Ricky so simple but very valuable

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