Better understanding of the Forever Order API

APIs, Automation, Algos & Code
1

Hi there,

I’m looking to get a better understanding of the Forever Order API. I have a couple of questions:

  1. Does the OCO order only work if we already hold the stock?
  2. Let’s say I have a stock that I want to trade. My plan is to set a stop loss at 5% and a target at 10%. How can I set this up using the Forever Order? I noticed the API documentation mentions only the target price—how do we include the stop loss as well?

Looking forward to your guidance!

Thanks! :blush: