How to Attach a Profit Target and Stop Loss Bracket to a Current Position
From any position, either a stop, trailing stop or a profit target order can be attached. A bracket order of a stop (or trailing stop) and a profit target can also be attached. Here are steps to attaching the orders.
1. Right-click on the position line on the chart
This example uses a long position. A short position can also be used.
2. Select Sell to Close {Sym} at Bracket
This opens a drop down menu. From this menu choose the kind of order to be attached to the position. (Sell bracket with a target/stop is used here as the illustration.)
This places an order confirmation on the screen containing the 2 sell orders (bracket) already placed in an OCA (One cancels all) group.
3. Click Place Order
4. Review orders
The stop and profit target orders are on the chart. The green dots indicate the two orders are in an OCA (One cancels all) group.
The trading tools work on either a LIVE brokerage account or a PAPER (simulated) trading account. Live market trading requires an account with TC2000 Brokerage. Click Here for more.