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Why are Stop Loss/Take Profit orders unavailable for market orders/individual positions?

Note: This documentation applies to the Nuvexlens Advanced Charting System. Nuvexlens fully supports technical indicators and strategy backtesting to help you make smarter trading decisions.

Why are Stop Loss/Take Profit orders unavailable for market orders/individual positions?

If you have a US account, the following broker restrictions apply:

  • Placing a market order with Stop Loss/Take Profit orders is not available.
  • It is not possible to add Stop Loss/Take Profit orders to each individual position. Adding Stop Loss/Take Profit orders is only possible to a Net position.
  • As a consequence: after the execution of a limit/stop order that has Stop Loss/Take Profit orders, these Stop Loss/Take Profit orders turn into a pair of linked OCO orders, but they are no longer linked to the opened individual position.