# Profit Target and Stop Loss Order Types

## Profit Target Types

The standard profit target type (default) is the 1-minute platform-managed check. 

You can also chose a resting profit target by selecting the option. This will place a brokerage GTC resting limit order for the specific PT. 

(Note: as described below, you can alternatively have a resting SL order on a SINGLE leg only. If a user chooses to use a resting PT, they cannot also have a resting SL. This is a broker limitation.)

<figure><img src="/files/EKFPnqJm1prN20gcU29p" alt=""><figcaption></figcaption></figure>

## Stop Loss Types

The default stop loss is a  1-minute platform-managed check, and is a limit order.&#x20;

### Intra-Minute Stops

For 0DTE SPX and SPY, you can also chose "Use 0-DTE Intra-Minute Stops"

<figure><img src="/files/lF1FxDwqtgJijVglcDhQ" alt=""><figcaption><p>IMSL on 0DTE SPX/SPY</p></figcaption></figure>

If this option is selection, the automation platform will check stops on a 1-second interval.

<figure><img src="/files/wn1qDC1X16X8Xf2yDnx4" alt=""><figcaption></figcaption></figure>

There is an additional option to select minimum consecutive hits. For example, let's say the user wants to execute the stop only if the stop is reached 15 consecutive seconds. The user would enter "15" into this field.&#x20;

<figure><img src="/files/N7zKgbLsUXFJ9M0752gq" alt=""><figcaption><p>Minimum Consecutive Hits</p></figcaption></figure>

### Resting Stop&#x20;

There is also an option for resting stops at the broker on single legs only. This is a stop-market order, placed at the brokerage, rather than a platform-managed stop loss. This is available on single legs only.&#x20;

(Note: as described above, a user can alternatively have a resting PT at the broker. If a user chooses to use a resting PT, they cannot also have a resting SL).

<figure><img src="/files/gzFblyjVdCuSdYKUhau3" alt=""><figcaption><p>Resting Stop</p></figcaption></figure>

#### OTO (One Triggers Other)&#x20;

The automation platform has the ability to close one leg after a resting stop has been triggered on another leg. This feature enables users to place an OTO (One Triggers Other) order, which sets a resting stop market order on one (short) leg of a trade, and triggers a contingent market order on another (long) leg when the first order is executed.&#x20;

The OTO order rests at the broker, with the stop market order active and resting at the exchange, and the second market order being held by the broker in a contingent state until the stop order is filled.

To use this feature, you must be using leg groups and resting stop market orders on the initiating leg group (see below screenshot).

Note: tastytrade limits the number of concurrent OTO orders per symbol. This maximum varies by account and margin type. Please contact your broker directly to confirm the limit for your specific trading account.&#x20;

<figure><img src="/files/qSqlL0LAgTrGX9GyLKLv" alt=""><figcaption></figcaption></figure>


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