Advanced orders are an incredibly useful tool in ThinkorSwim that provide you a very simply way to automate some of your trading. These will allow you to set up multiple orders in advance, orders that trigger other orders, or set parameters to include both a profit target and stop loss.

In today’s video we’ll be discussing on the many advanced orders types available within ThinkorSwim. Focusing mainly on the 1st triggers OCO, 1st triggers 2 OCO, and 1st triggers 3 OCO. These order types will allow you set your profit target and stop before you’re even in the trade. The 2 OCO and 3 OCO order types will allow to setup multiple different profit targets or stop targets before you even enter the trade.
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Webull (UP TO 12 FREE STOCKS)
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Timestamps
0:00 Intro
0:39 1st Triggers OCO
6:36 1st Triggers 2 OCO
9:11 1st Triggers 3 OCO
11:09 Active Trader Templates
13:27 Outro

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