| ONE CANCELS OTHER: | ||
| Abbreviation: | OCO | |
| Additional Specifications: | Buys Or Sells-Limit Prices Or Stop Prices-Commodity-Month-Year | |
| Explanation of Order | 2 order of Buys or Sells Or Combined | |
| When to Use | Used to protect profits and simultaneously place a Stop or used for Breakouts | |
| How its Placed | Placed 2 order with a combination of orders above one will cancel Other | |
| Broker/Online Placement Example | Buy 7 Feb 2002 Gold 300 Limit OCO MOC | |