Thinkorswim (TOS) Tutorial: How to set up a Customized Contingent Bracket Order (OCO) – Part 3 of 3
January 16, 2015
Last update: July 2021
In this final video of the series, Coach Gino Poore takes the OCO Contingent Bracket Order to the final step by adding a target trigger to the mix. So now you can put in your entry trigger, exit, and target trigger at the same time and be done with the trade. Very convenient for placing trades after hours or during or for using a watchlist like the ones in Scouting Reports where we give you our trigger points then all you have to do is determine how many contracts you are doing and plug in the numbers into the bracket order.
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 have learned:
- 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 3 of 3: Learn an advanced trick on how to put a target trigger in place
Tackle Trading Tutorials on Thinkorswim
Thinkorswim is the most popular trading platform in the entire market. Tackle Trading has all the resources you need to MASTER Thinkorswim like a PRO.
Thinkorswim Tutorials [Free Videos]
Thinkorswim (TOS) Tutorial: How to place the entry order in a Short Stock position
In this Thinkorswim video tutorial, Coach Matt teaches how to place the entry order on a short stock position.
Thinkorswim (TOS) Tutorial: How to determine the Market Maker Move (MMM) for earnings gaps
In this video tutorial, you will learn how to determine the Market Maker Move (MMM) for earnings gaps in Thinkorswim.
Thinkorswim (TOS) Tutorial: How to display multiple charts in the same window
In this video tutorial, you will learn how to adjust Thinkorswim (TOS) to show multiple charts in the same window.
Thinkorswim (TOS) Tutorial: How to place a contingency order for a long put option with a stop loss
In this Thinkorswim (TOS) video tutorial, join Coach D. to learn how to place a contingency order for a long put option with a stop loss the right way.
Thinkorswim (TOS) Tutorial: Thinkorswim interface walkthrough and basic platform setup
In this Thinkorswim (TOS) tutorial video, Coach Matt Justice does an interface walkthrough and basic platform setup to show new traders how this powerful trading platform works.
Thinkorswim (TOS) Tutorial: How to increase the font size and memory in Thinkorswim
In this video tutorial, Coach G shows how to increase font size and memory to make navigating and performance of Thikorswim Platform (TOS) much easier and better.
Thinkorswim (TOS) Tutorial: How to set up the Monitor Tab in Thinkorswim
In this video tutorial, Coach Gino Poore shows how to setup the monitor tab in Thinkorswim (TOS) by adding trade price, Delta, and Theta to your trading positions.
Thinkorswim (TOS) Tutorial: Memory Cleanup
In this tutorial, Coach Gino Poore shares another trick for using the Thinkorswim (TOS) platform to help speed up the data.
Thinkorswim (TOS) Tutorial: How to set up a Debit Condor (DebiCon) in Thinkorswim
In this video tutorial, you will learn how to set up a Debit Condor (DebiCon) in Thinkorswim (TOS).
Thinkorswim (TOS) Tutorial: How to adjust the Risk Graph for Theta in Thinkorswim
In this video tutorial, Coach Matt takes a look at how to adjust the Risk Graph for Theta (measuring Time Decay) using in Thinkorswim (TOS) trading platform.
Thinkorswim (TOS) Tutorial: How to link all tabs and pages and save time in Thinkorswim
In this video tutorial, Coach G shows shares a great time saver technique on how to link all your tabs and pages in the Thinkorswim (TOS) platform.
Thinkorswim (TOS) Tutorial: How to set an Option Limit Order and Stock Trigger
Coach G. shows you how to enter an option with a limit order when the stock triggers an entry price.
Forex Trading 101: Order Entry (Thinkorswim Tutorial)
Coach Matt takes a look at how to enter into a forex trade using Thinkorswim or MT4.
Thinkorswim (TOS) Tutorial: How to set up a Customized Contingent Bracket Order (OCO) – Part 1 of 3
In this tutorial video (Part 1), Coach Gino Poore shows how to set up a “customized” bracket order he built in Thinkorswim (TOS).
Thinkorswim (TOS) Tutorial: How to set up a Customized Contingent Bracket Order (OCO) – Part 2 of 3
In this tutorial video (Part 2), Coach Gino Poore shows how to set up a “customized” bracket order he built in Thinkorswim (TOS).
Thinkorswim (TOS) Tutorial: How to set up a Customized Contingent Bracket Order (OCO) – Part 3 of 3
In this tutorial video (Part 3), Coach Gino Poore shows how to set up a “customized” bracket order he built in Thinkorswim (TOS).
Thinkorswim (TOS) Tutorial: Adding ATR and Expected Move to Chart corner
In this Thinkorswim Tutorial, Coach Gino Poore teaches you how to add ATR and Expected Move to Chart corner.
Thinkorswim (TOS) Tutorial: How to Set Up and Manage Alerts in Thinkorswim
In this video tutorial, Coach G. shares another useful tip on setting up and managing alerts using Thinkorswim (TOS).
Thinkorswim (TOS) Tutorial: How to Add Probability Cones to Charts in Thinkorswim
In this video tutorial, Coach Gino shows how to add the Probability Cones to your Thinkorswim (TOS) charts to project price ranges going forward.
Forex Trading 101: Charting the US Dollar (Thinkorswim Tutorial)
In this Forex Trading 101 Thinkorswim tutorial video, Coach T talks about how to chart the US Dollar against the major cross-pairs using the famous TOS trading platform.
Morning Mailbag: How to calculate PIP Risk in Thinkorswim (TOS Tutorial)
Coach T is back to answer a question on how to calculate PIP Risk on a Forex trade in Thinkorswim (TOS).
Morning Mailbag: How to set a Stop Loss in Thinkorswim (TOS)
In this video tutorial, Coach T teaches how to set a stop loss on positions you already have in Thinkorswim (TOS).
Morning Mailbag: How to control risk in a Credit Spread in Thinkorswim (TOS)
In this edition, Coach T answers a question regarding the risk management of a credit spread in Thinkorswim (TOS).
Options 101: Managing Credit Spreads (Thinkorswim Tutorial)
In this tutorial video, Coach T shows how to manage a credit spread and how to set up a contingency in ThinkOrSwim.
Thinkorswim (TOS) Tutorial: How to use the Monitor Tab in Thinkorswim
In this video tutorial, Coach Tim from Tackle Trading shows how to use the Monitor Tab in Thinkorswim.
Options 101: Risk Graph Basics (Thinkorswim Tutorial)
In this Thinkorswim tutorial video, Coach T walks the team through how to use the risk graph for options trading.
Options 101: How to set Basic Stops on Naked Puts and Covered Calls
In this video tutorial, Coach T walks the team through how to set a basic stop on a covered call or naked put position.
Thinkorswim (TOS) Tutorial: How to Beta Weight and Portfolio Hedge in Thinkorswim
In this video tutorial, Coach Tim teaches how to Beta Weight and Portfolio Hedge in Thinkorswim (TOS).
Thinkorswim (TOS) Tutorial: How to use the Monitor Tab in Thinkorswim
In this video tutorial, Coach Tim from Tackle Trading shows how to use the Monitor Tab in Thinkorswim.
Thinkorswim (TOS) Tutorial: How to add ATR and Implied Volatility overlapped on a chart in Thinkorswim
In this video, you’ll learn how to stack Implied Volatility (IV) and ATR (Average True Range) in the same indicator window in Thinkorswim software platform.
Thinkorswim (TOS) Tutorial: Thinkorswim for Beginners Video Collection
In this article, you are going to find a collection of Thinkorswim (TOS) basic video tutorials by Coach Tim Justice.
Thinkorswim (TOS) Tutorial: Managing Stock Trades in Thinkorswim
In this tutorial video, Coach T teaches how to manage stock trades in Thinkorswim (TOS).
Thinkorswim (TOS) Tutorial: How to set up My Tools Bar in Thinkorswim
In this video tutorial, Guest Coach Brad May pulled together this how-to video about setting up a My Tools Bar on Thinkorswim.
Thinkorswim (TOS) Tutorial: How to place an Order Entry on a Credit Spread in Thinkorswim
In this Thinkorswim video tutorial, you will learn how to input the entry, target, and stop-loss and when exactly you would use the “Limit Linked To” feature.
Tales of a Technician: How to use the Thinkorswim Market Maker Move Tool
In this article, you are going to learn how to use the Thinkorswim Market Maker Move Tool.
Thinkorswim (TOS) Tutorial: How to place a Short Strangle order in TOS
In this video tutorial, Coach Noah Davidson walks through how to place a Short Strangle order in Thinkorswim (TOS).
Options Theory: How to enter Covered Calls in ThinkorSwim with Contingent Orders
Here’s a step-by-step guide on how to enter covered calls in ThinkorSwim with contingent orders.
Traders Lounge: Multiple pages in ThinkorSwim (TOS)
Watch this Traders Lounge clip where Coach Cody Maki talked about a cool feature in Thinkorswim for quick switching of charts and studies, check it out here.
Options Theory: Bear Put Spreads
Come learn the basics of a bear put spread and how to build it in Thinkorswim (TOS).
Options Theory: Iron Condors
Come learn the basics of an iron condor spread and how to build it in ThinkorSwim.
Options Theory: How to use ThinkorSwim Analyze Tab
Today’s video walks through how to use the risk graph and other features of ThinkorSwim Analyze tab.
Traders Lounge: TOS ThinkBack review of NFLX Earnings Trade
Watch this Traders Lounge clip where Coach Gino Poore talked about Using ThinkBack in Thinkorswim (TOS) to review trades on NFLX gap down after earnings, and low-risk Spreads!, check it out here.
Tackle Today: Small Caps, Big Discount
If earnings hold up, small caps offer an attractive valuation.
Tales of a Technician: How I Use Fibonacci Retracements
Come learn how to use the fascinating Fibonacci Retracement tool.
Traders Lounge: How to Use a 5-Minute Chart on Thinkorswim (TOS)
Watch this Traders Lounge clip where Coach Tyler Craig talks about How to Use a 5-Minute Chart on Thinkorswim (TOS).
Financial freedom is a journey
Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.
Legal Disclaimer
Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis. This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise. Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products. By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials. In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.
All investing and trading in the securities market involves a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax and accounting advisers, to determine whether such trading or investment is appropriate for that user.
Thanks for the video. I was looking for a way to set up my spreads as bracket orders so I could fire and forget them if need be.
Great Gino! Love these videos: clear, concise, easy to understand, very helpful.
Gino I have struggled with this order, you have made it crystal clear! Thanks!
Glad you like it thanks for the comments, G.
This is real cool.
Thanks a lot Gino.
Very cool indeed! Thank you!
Gino, I am a new member of Tackle Trading. The 3 videos for contingent orders are excellent. However I do have a question; if I buy 2 option contracts in 1 order, can I set up 2 targets at different prices. I want to take an initial profit and let it ride for a bigger profit. How do I do this with TOS?
Khursh
Nice work. thanks for sharing!
Thank you so much, Gino! These videos have been so helpful.
Thanks coach
These videos are always helpful
Very helpful, easy to understand.
Love the step by step method, practice and wanted to implement right away. Tapping into the scouting reports was also great, specially when you give specific info on the targets; however, I must be doing something wrong because my trades were rejected. 🙁
Armed and ready…flop!