Bracket Order

A bracket order is a three-legged order type that simultaneously places an entry order along with two exit orders—a target (take-profit) order and a stop-loss order—bracketing the trade on both sides. Once the entry is triggered, the system automatically activates both the profit target and the stop-loss. If the target is hit first, the stop-loss is cancelled, and vice versa. Bracket orders are particularly useful for intraday traders who want to define their risk and reward parameters upfront and remove the need for constant position monitoring. On Ventura's trading platform, bracket orders allow traders to execute rule-based trades with disciplined risk management built in from the moment the trade is placed.