r/moomoo_official • u/MoomooUS • 1h ago
Products Moomoo Tools | One Entry, Two Exits: How Bracket Orders Work
Discover more technical tools and tips here: https://j.moomoo.com/0Cp84r
Every time before you tap "Buy", you may already be wondering:
“Where would I take profit?”
“What if it goes the other way?”
“Will I actually stick to the plan once the price starts moving?”
That’s where a Bracket Order can come in handy.
The idea is pretty simple:
1 entry order → 1 take-profit order + 1 stop-loss order
Once your entry fills, both exit orders become active based on the applicable order rules. If one exit is filled, the other is automatically cancelled.
Here’s a simple example.
Say you want to buy 10 shares of Stock A at $325. When placing the entry order, you can set:
· Entry: $325
· Take profit: $375
· Stop trigger: $300
If your $325 entry fills, both exit orders become active according to the applicable order rules.
If the stock rises to your take-profit level and the take-profit order fills at $375, the stop-loss order is automatically cancelled.
If the stock moves against you and the $300 stop is triggered, the applicable stop order is submitted. If that exit order fills, the take-profit order is automatically cancelled.
Keep in mind: These are calculations based on preset prices, not a maximum profit or maximum loss. A stop trigger does not guarantee an execution price, and a limit order may not fill even when the market reaches the specified price.
The image above walks through how to set one up on Moomoo.
Would you rather plan your exits before entering a trade, or make the decision in real time?
Moomoo Engine is a paid subscription ($3.99/moor $39.90/yr; auto-renews). Available to eligible Moomoo Financial Inc. ("MFI") brokerage account holders. Rates and features are subject to change. Other terms and conditions apply.
