Today we’ll go through the entire process of creating a bracket order on TradingView. We’ll learn how to place it as a part of an opening trade as well as a position we already hold in the account.
A bracket order is the one of simplest forms of automation. It enables us the ability to set both a profit taking order and stop loss order, both of which are working to get us out if the stock ever hits the price we set. We’ll either get out at a preset profit, or we’ll get out if we lose a preset amount of money.
Today we’ll go through the entire process of creating a bracket order on TradingView. We’ll learn how to place it as a part of an opening trade as well as a position we already hold in the account.
