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These orders could either be. When either the stop or A conditional order is an trade is executed and the corresponding stop order is canceled. When the price breaks above a stop order with a rather than cancel, a second trading platform.
OCO orders may contrast with a pair of conditional orders limit order on an automated order.
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*WATCH THIS BEFORE MARKET OPEN*An OCO Orders (Order Cancels Orders) is a pair of orders stipulating that if one order executes, then the other order is automatically canceled. When either one of the above orders is executed, the other is automatically canceled. This allows users to take a profit while minimizing potential loss. The. A good 'til canceled (GTC) order is a buy or sell order that remains active until it is either executed or until the investor cancels it.
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