Adding a profit target to stop loss on TOS

January 1st, 2022, 11:32 AM

Hi all - can someone tell me if there is a way to add a profit target order to an existing stop loss order? What I'm trying to do is add the PT order so that the PT and the stop loss become one OCO order. Just wasn't sure if there was a way to accomplish this without canceling the stop order to enter the full OCO order. Thanks.

January 1st, 2022, 12:03 PM

torewy

Hi all - can someone tell me if there is a way to add a profit target order to an existing stop loss order? What I'm trying to do is add the PT order so that the PT and the stop loss become one OCO order. Just wasn't sure if there was a way to accomplish this without canceling the stop order to enter the full OCO order. Thanks.

January 1st, 2022, 12:23 PM

Thank you!

January 1st, 2022, 12:27 PM

This actually shows me how to create an OCO. What I'm trying to figure out is how to create a price target order that creates an OCO with the stop that I previously had placed. Not urgent, though. Thx again.

February 27th, 2022, 06:49 PM

I don't think there is a way. I cancel the stop loss then put in an OCO order on rare occasion. I don't use stops that often with TOS, but will use OCO on profitable positions I don't want to watch, but be sure to choose extended hours with stocks and GTC with everything. For futures, Tradovate is more advanced for placing orders, much cheaper with commissions and much much more reasonable with margins.

Adding a profit target to stop loss on TOS

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Adding a profit target to stop loss on TOS