What is OCO (One Cancels the Other)?
Target & Stoploss works on the OCO (One Cancels the Other) mechanism.
If both Target and Stoploss are placed:
- When the Target price is triggered, the Stoploss order is automatically cancelled.
- When the Stoploss price is triggered, the Target order is automatically cancelled.
This ensures that only one of the two orders executes.
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