Kevin Horner explains why a trader might use bracket orders as opposed to traditional orders. He tells you how they work and what they can do to help manage your risk when trading.
Trading Up-Close: Bracket Orders
The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. Short selling is an advanced trading strategy involving potentially unlimited risks, and must be done in a margin account. Margin trading increases your level of market risk. For more information please refer to your account agreement and the Margin Risk Disclosure Statement.
There is no guarantee that execution of a stop order will be at or near the stop price.
Schwab does not recommend the use of technical analysis as a sole means of investment research.
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