It’s a Bracket Order. OCO Order would work too I think. In addition to the actual buy order, it contains a Limit Sell Order for taking profits as well as a Stop Sell Order as stop loss at the same time.
Risk management wise it’s really not optimal at the moment. I have to decide if I want a stop loss OR a take profit. In volatile market situations it’s also risky to fumble in a stop sell order quickly after the buy was performed already. Would be better to do it before, together with the buying order.
Are there any plans to add these kind of orders to T212 invest?