Journal Tagging - OCO, Trailing Stops, etc.
OCO Journal Tagging
OCO Orders are automatically tagged in the Journal.
Once the Stock Order is Executed (it is an active Position), the Limit and Stop orders are Live (active Orders for the duration selected: Day or GTC.)
If/when the stock hits the Limit price, that order will execute, and the Stop order will be canceled. The Journal tab will be green and display a Gain/Profit.
-OR-
If/when the stock hits the Stop price, that order will execute and the Limit order will be canceled. The Journal tab will be red and display a Loss.
The tagged results show whether you’ve been hitting your target or getting stopped out.
**Note: Past Conditional trades will be tagged as “otoca-entry”, “otoca-target” and “otoca-stop”.