Thinkorswim (TOS) Tutorial: How to set up a Customized Contingent Bracket Order (OCO) – Part 1 of 3
January 16, 2015
Last update: July 2021
In this tutorial video series, Coach Gino Poore shows a convenient way to use a “customized” OCO Bracket Order he built in Thinkorswim (TOS) to buy options on a stock trigger and automatically have a trigger in place to sell the options as the stock hits an exit trigger.
This bracket order is useful for placing trades after hours and for protecting the trade when you aren’t around to put a stop in.
In this 3-part video series, you are going to learn:
- How the OCO Bracket Order is used (Video #1);
- How to build a customized OCO Bracket Order and save it as a template on Thinkorswim (TOS) (Video #2);
- An advanced trick on how to put a target trigger in place (Video #3).
Video 1 of 3: How the OCO Bracket Order is used on Thinkorswim (TOS)
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Excellent, this is exactly the type of specific instruction I need. Looking forward to seeing all of the other videos!
Thanks! I also needed to be walked throgh placing the trades.