Ready to catch the latest market waves? If you already have a TradeStation account, you can log in to the platform and launch the Matrix from the Apps tab at the top of your desktop.
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They’re smart enough to execute while you’re off busy with your day job.
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With OSO’s, secondary orders are submitted only once a primary order has been filled.īest of all, trailing-stop orders, OCO and OSO orders with trailing stops are autonomous. If one gets filled, then the other gets canceled.īecome a TradeStation pro. An OCO order is a group of linked parallel orders. Savvy traders often use conditional orders to hedge their bets and either cancel orders or send additional ones if the market moves in their favor.
TRADESTATION MOBILE APP MOVE STOPS HOW TO
Want to fine-tune your orders even more? Watch the video to learn how to use trailing stops with TradeStation’s conditional Order Cancels Order (OCO) and Order Sends Order (OSO) orders. You can use the Matrix tool’s graphical display of market depth and trade activity to quickly set a trailing stop price based on either a number of points or a percentage. If the market moves in your favor, trailing stops will also move in the same direction to try to get you a better price. Today, TradeStation makes it easy for any level of trader to place a trailing stop order.
![tradestation mobile app move stops tradestation mobile app move stops](https://i.ytimg.com/vi/Q9Buj-cZUzA/maxresdefault.jpg)
Trailing stop orders have long been a secret weapon that advanced traders use to catch profit from volatility. “The times, they are a-changin’.” But you don’t have to be a rock star to know that with the markets on the move, you could miss out if your trades stand still.