A bracketed sell order is when three orders are placed simultaneously in order to take on a short position. There are three components of a bracketed sell order:
A bracketed buy order is when three orders are placed simultaneously in order to take on a long position. There are three components of a bracketed buy order:
Unrealized losses are the losses from trading activities which have not been closed out and cash received. These are also commonly referred to as a paper loss. Many traders find it hard to part ways with a paper loss with the hopes of the security ultimately rallying.
Unrealized gains are the profits from trading activities which have not been closed out and cash received. These are also commonly referred to as paper profits.