Exit Strategy
Instructions
Use the Exit Strategy feature to set up a bracket order on a current position or working order. Bracket orders are designed to help limit loss and protect profit by "bracketing" an order with two opposite-side orders that are ready to go and are submitted when the price of the instrument penetrates either order's trigger price. To use this tool, follow the steps below.
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Click the Portfolio tab > Positions.
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Hover over a position and click the vertical ellipsis on the right-hand side > Exit Strategy.
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The Exit Strategy tool will appear on your screen.
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Update the prices by selecting the + and - buttons.
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A Buy order is bracketed by a high-side sell limit Profit Taker order and a low-side sell Stop order.
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A Sell order is bracketed by a high-side buy Stop order and a low side buy limit Profit Taker order.
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Click Preview to preview the bracket order and transmit.
Additional Resources
Learn About the Client Portal Portfolio Window at IBKR Campus