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Place Order menu strategies give you competitive advantage over other traders: they allow you to exit the position faster than others. They also reduce the risk of two orders execution and would be especially useful for traders who use pyramiding strategies. Each strategy is an OCO group – if one order is filled, the other is canceled.
<div style="background-color: #E3FBE5;">Note: Not all brokers support server-based OCO groups. Consequently, there is no 100% guarantee that only one order will be executed (see [[Trading Risks# OCO-Orders Risk|OCO-Orders Risk]]).</div>
Orders and Entry Strategies are shown as icons on the Chart Trading panel and can be easily applied to the chart. You can visually change the order levels, which saves a lot of time when managing your orders.
