OCO orders, or One-Cancels-Other, is essentially a limit order and a stop limit order put together. It allows you to set a buy or sell above and below the current price simultaneously.
Tag Archives: stocks
Flag Patterns
A flag pattern is a price chart formation that suggests a continuation of the existing trend. Learning how to trade flags can be a lucrative tool to add to your toolbelt.
It typically happens after a significant price movement, known as the flagpole, followed by a consolidation phase that forms the flag.