Exit Strategy

The Exit Strategy feature allows you to set up a bracket order on a current position or working order. Bracket orders are designed to help limit loss and protect profit by "bracketing" an order with two opposite-side orders that ready to go and are submitted when the price of the instrument penetrates either order's trigger price.

To use this tool, please take the steps outlined below.

  1. Navigate to your portfolio, right-click an instrument and select Exit Strategy.

  2. Modify the limit/stop price and press Preview to review this order.

  3. Once confirmed, click Transmit and the order will be submitted.

 

Additional Resources

Learn About the IBKR Desktop Interface at IBKR Campus

Visit the IBKR Desktop Website