As we discussed in the last post, we’ve now got a stop order placed that protects us to the downside. Now, some brokers allow an OCO order—One Cancels Other—but some don’t. If your broker does have these, then you can place your Target sell order at the same time that you placed your Sell Stop order. If you don’t have an OCO, then you’ll need to keep an eye on the markets a little bit. … read more Making a Trade 4—Selling at the Target Price
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