Anyone know how to set a stop loss + take profit order in Interactive Brokers?

Discussion in 'Order Execution' started by Syzlex, Apr 8, 2020.

  1. Syzlex


    Let's say i'm in a stock at $5.10 and I want to set a stop loss at $5.02 but a take profit at $5.20.

    How do I do this in IB?

  2. You're looking for a Bracket Order (sometimes called OTOCO--one triggers one cancels other) to set this up on entry or a One Cancels Other if you're already in the position.
    Syzlex likes this.
  3. Syzlex likes this.
  4. Syzlex


    Thanks, that's helpful.
  5. Syzlex



    Actually that video is a bit oldish

    When I execute from my platform I click on 'advanced' then on 'Bracket (Profit Taker + Stop Loss)'

    Guess I didn't realized it was called Bracket.