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Exit strategies applied to positions and strategies applied to orders are visually different on both on the chart and in the DOM: exits strategies applied to positions have “p” letter to the left of the number of contracts.
<div style="background-color: #E5F6FF;">Example 1- Shows exit strategy attached to the individual order:
# Open position is -1 contract.
# Sell market order is filled. Open position is -4 contracts. Profit Target size is 1.</div>
<div style="background-color: #E5F6FF;">Example 2- Shows exit strategy auto-attached to an order opening the position from a flat position:
# Open position is flat.
# Buy Stop order is filled. Open position is +300 contracts. Master Strategy size is 300 (protects entire position since the position was opened by an order that has an exit strategy attached from a flat position).</div>
<div style="background-color: #E5F6FF;">Example 3- Shows exit strategy attached to the entire position:
# Open position is +50 contracts.
# Buy market order is filled. Master Strategy becomes active. Open position is +150 contracts. Master Strategy size is 100 (attached to the order, not the position).
# Buy stop order for 200 contracts is sent to broker.
# Buy Stop order is filled. Open position is +300 contracts. Master Strategy size is 300(attached to the position).</div>
<div style="background-color: #E5F6FF;">Example 4- Shows both exit strategy attached to the entire position and esit strategy attached to the individual order:
# Open position is +10 contracts.
# Buy stop order is filled. Stop-Loss #2 becomes active. Open position is +15 contracts. Stop-Loss #1 size is 10. Stop-Loss #2 size is 5.
# Buy market order for 10 contracts is sent to the broker.
# Buy market order is filled. Open position is +25 contracts. Stop-Loss #1 size becomes 20 (attached to the position). Stop-Loss #2 size is 5(attached to the order, not the position).</div>
'''OCO-Orders'''
