How I Use OCOs to Catch Breakouts
Most traders sleep on how powerful order types can be. I’ve saved thousands just using OCO (One Cancels the Other) to set take-profits and stop-losses in one go. It’s basically auto-piloting your exits!
During the last $PEPE rally, I bought at support and set an OCO: sell at +45% or stop at -8%. Profit hit while I was offline.
Market orders are good for entries, but limit orders and OCOs are essential in fast-moving markets.
What’s your preferred way to catch breakout entries? Limit sniper or market instant?