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Position Brackets vs. OCO Brackets

This article will explain the differences between the Position bracket settings and OCO bracket settings on Project X!

Updated over 2 weeks ago

PJX now supports two ways of managing stop-loss and take-profit brackets:

  1. Position Bracket Settings (original method)

  2. OCO Bracket Settings (new method)

Here’s the key difference

1: Position Bracket Settings (Original)

  • When enabled, PJX attaches one stop-loss and one take-profit order to your position.

  • If you add to your position, the platform does not create new brackets. Instead, it aggregates the added size into your existing stop-loss and take-profit.

  • This means you can only ever have a single SL and TP pair per position.


2. OCO Bracket Settings (New)

  • OCO (One-Cancels-Other) Brackets give you more control and flexibility.

  • Each entry is treated individually with its own stop-loss and take-profit orders.

  • If you add to your position, PJX will create new SL and TP orders tied to that new size, instead of lumping it into the original.

  • Each bracket is isolated: when one side executes (stop or target), its opposite order cancels, but your other brackets remain intact.


Why this matters:

  • Use Position Brackets if you prefer to manage a single overall stop and target for the whole trade.

  • Use OCO Brackets if you want to scale in/out with multiple profit targets or risk levels while keeping each leg isolated.

Quick Example:

  • Enter long 2 contracts using Position Brackets → one SL/TP pair manages both contracts.

  • Enter long 1 contract and then add another 1 contract using OCO Brackets → you’ll have 2 separate SL/TP pairs, one for each entry, allowing you to scale out at different targets.


:point_right:

Tip: You can enable OCO Brackets in Settings → Risk Settings → OCO Brackets. Position Brackets remain available under Settings → Position Brackets. (edited)

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