OCO orders traders ko aik hi waqt mein kisi position ke liye munafay ka target aur ziyada se ziyada qabil-e-qabool nuqsan ka level dono set karnay ki ijazat deta hai, jis se market ki dasti tor par nigrani karnay ki zarorat kam ho jati hai.
Agar aap OCO pair mein se aik order ko dasti tor par cancel kartay hain, tu platform dosra order bhi cancel kar de ga.
OTOCO (One-Triggers-a-One-Cancels-the-Other (aik order dosray orders ko activate karta hai aur un mein se aik execute ho jaye to dosra cancel ho jata hai)) order ki aik mutalliqa qisam hai jo Binance ne June 2024 mein launch ki thi. Is mein aik entry trigger order hota hai jo aik bar fill ho janay ke baad OCO exit pair ko activate karta hai, jis se poray bracketed trade setups activate ho jatay hain.
OCO (One-Cancels-the-Other) order aap ko aik hi waqt mein do conditional orders laganay ki ijazat deta hai: aik limit order jo munafay ke level ka target set karnay ke liye hota hai, aur aik stop-limit order jo nuqsan se bachao ke liye lagaya jata hai. In dono mein se sirf aik hi execute ho sakta hai. Jab koi aik order pori tarah ya aadha fill ho jata hai, to platform dosray order ko khud ba khud cancel kar deta hai. Dasti tor par aik order cancel karnay se dosra bhi hata diya jata hai.
OCO orders ko aap ki mojooda position ke mutabiq qeemat ke darj zel do levels darkar hotay hain:
Misal ke tor par, farz karein keh aap ne market par kiye gaye apnay tajziye ki bunyad par $90,000 ka 0.1 BTC khareeda hai. Agar qeemat $100,000 tak barh jaye tu ap munafa hasil karna chahtay hain, lekin agar $85,000 tak gir jaye to aap is qeemat tak nuqsan set karna chahtay hain. Aap aik aesa OCO order laga saktay hain jis mein limit sell $100,000 par ho aur stop-limit order ka trigger $87,000 par aur limit price $85,000 par set ho. Agar BTC pehlay $100,000 tak pohanch jaye, to limit order execute ho jata hai aur stop-limit order khud ba khud cancel ho jata hai. Us ke bajaye agar BTC pehlay trigger level tak gir jaye, to stop-limit order activate ho jata hai aur limit order cancel ho jata hai.
Note karein ke OCO orders ko muasar tareekay se istemal karnay ke liye limit aur stop-limit order dono ke mechanics ko achi tarah samjhna zarori hai, neez stop-loss side par stop price aur limit price aik dosray par kis tarah asar andaz hotay hain.
Order ki aik mutalliqa aur ziyada jadeed qisam OTOCO (One-Triggers-a-One-Cancels-the-Other) order hai, jis see Binance ne June 2024 mein launch kiya. Bunyadi farq unki structure mein hai jo keh darj zel hai:
Pehlay se mojood position ka bandobast karnay walay traders, aam OCO order hi kaafi hota hai. OTOCO us waqt ziyada zarori samjha jata hai jab aap aik hi submission mein entry aur exit dono ko automate karna chahtay hain.
OCO (One-Cancels-the-Other) order aik hi position ke liye limit order aur stop-limit order ko ikatha karta hai. In dono mein se sirf aik hi execute ho sakta hai: jab koi bhi aik order fill ho jata hai, to platform dosre ko khud ba khud cancel kar deta hai. Agar aap dasti tor par aik order cancel kar dein, to dosra bhi hat jata hai. OCO orders Binance aur degar bari exchanges par spot trading ke liye dastiyab hotay hain.
Stop-limit walay hissay mein do qeematain set hoti hain: aik stop (trigger) price aur aik limit price. Jab market stop price tak pohanchti hai, to limit price par aik limit sell order lag jata hai. Tezi se barhti hui markets ke liye, stop price aam tor par limit price se opar rakhi jati hai. Agar market bohat tezi se move karay aur kharidaar milnay se pehlay price limit level se neechay chali jaye to mumkin hai ke limit order execute na ho sakay. Isi liye conservative stop-loss levels set kartay waqt is farq ko samajhna bohat aham hota hai.
OCO Order aik pehlay se mojood position ke liye lagaya jata hai: Jab in mein se aik execute ho jata hai, to dosra cancel ho jata hai. Is mein do exit orders (munafa hasil karnay ki limit aur nuqsan se bachao ki stop-limit) aik hi waqt mein active rehtay hain, aur jo bhi pehlay trigger ho jaye, woh dosre order ko khud ba khud cancel kar deta hai.OTOCO (One-Triggers-a-One-Cancels-the-Other) order isi system mein aik entry trigger bhi add karta hai: Sab se pehlay aik bunyadi order lagaya jata hai, aur jab woh fill ho jata hai to OCO exit pair khud ba khud active ho jata hai. OTOCO ki madad se aap aik hi order submission mein poora trade bracket (entry, munafa hasil karein, aur nuqsan se bachein) set kar saktay hain. Binance ne June 2024 mein OTOCO support launch ki thi.
OCO order us waqt istemal karna chahiye jab aap aik active position ke liye aik sath profit target aur maximum loss limit dono set karna chahtay hon. Simple limit order sirf aik outcome ko target karta hai, jab khe simple stop-limit order dosre outcome ko cover karta hai. Inhein alag alag laganay ka matlab hai keh jab aik execute hoga to ho sakta hai k dosra open hi reh jaye jis se aik ghair iradi double position ya gair zaroori khatra paida ho sakta hai. OCO is khatray ko khatam karta hai kiun ke yeh dono orders ko aapas mein link kar deta hai taa ke sirf aik hi execute ho. Yeh khas tor par us waqt bohat mufeed sabit hota hai jab aap apni position ki real time mein migrani nahi kar saktay.
OCO orders khatray ka intizam karnay aur dasti tor par lagataar nigrani ke exit conditions set karnay ke liye aik almi tool hain. Yeh aik limit order aur aik stop-limit order ko aapas mein link kar ke kaam kartay hain, taa keh aik order fill hotay hi dosra khud ba khud cancel ho jaye. OCO orders ko muasar tareekay se istemal karne ke liye order ki dono iqsaam ko samajhna bunyadi ehmiyat rakhta hai. Jadeed tareen istemalaat ke liye, OTOCO order type isi logic ko mazeed barha deti hai aur is mein khud kar entry trigger bhi shamil hota hai.