Getting into a trade is one order. Getting out well — taking profit at the right level, cutting the loss at the right level, without freezing — is where discipline breaks down. Bracket and OCO orders exist to automate exactly that.

OCO: one cancels the other

An OCO (“one-cancels-other”) links two orders — typically a profit-target limit above and a protective stop below. The instant one fills, the broker cancels the other. It encodes the whole exit decision up front: win here, lose there, and never both. No mid-trade second-guessing.

Bracket: entry plus both exits

A bracket order wraps an OCO around your entry: you submit the entry and, the moment it fills, the target and stop go live automatically. You've defined the entire trade — where you get in, where you take profit, where you're wrong — in one shot.

Pre-committing your exits before the entry fills is the single most reliable way to stop a scalp from turning into a hope.

Stacking into an exit ladder

Scale it up and you get an exit ladder: several profit targets at different levels, each taking off part of the position, with the stop trailing up as targets hit. You bank pieces on the way to the next dealer level and let the rest run with reduced risk — the mechanical, unemotional exit that's brutal to run by hand on a fast 0DTE. This is precisely the machinery NoVo attaches to every trade the instant you click, so the exit is managed for you rather than left to nerve. Pair it with the right stop type and you've handed the hardest part of scalping to software.