Creating One-Cancels-Other Orders on thinkorswim®

August 28, 2023 Beginner
Learn how to create a one-cancels-other or OCO order on thinkorswim®.
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This material is intended for informational purposes only and should not be considered a personalized recommendation or investment advice. Investors should review investment strategies for their own particular situations before making any investment decisions.

A stop order will not guarantee an execution at or near the activation price. Once activated, they compete with other incoming market orders.

Market orders generally execute at the next available price, while limit orders will not execute unless the specified price is available. Markets orders place a priority on filling the order, not the fill price, while limit orders place a priority on price and not order execution.

All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed.

Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve.

Past performance is no guarantee of future results.

Investing involves risks, including the loss of principal invested.

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