Last in first out - will I screw myself?

[murray t turtle]

Didn't you ever see the famous pic of the plaque on PTJ's wall... "Losers average into losers"?

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REPEATING pattern/ + my averaging comment noted a 50dma + NOV,which tends to be a super strong stock long month /in a strong quarter[4th quarter, based on history+ profits]The PTJ pic i saw was stick note ,yellow,

 

[virtusa]

I greatly value when I buy products at great prices so I want to hold onto them as much as possible. The prices I don't like as much, I'd want to get rid of faster.

This leads me to want to use LIFO when matching buys and sells.

I fully agree.
What will happen if you use a bracket order? Never used it myself as I always go fully in or out.

Example:

1. bought 1 at 4500, stop at 4495. So my order has two parts that belong together; stop 4495 is linked with buy at 4500. The buy and the stop are in ONE order and should be executed as ordered. No part of this order can be used to execute any other order.
2. bought 1 at 4510, stop at 4505. So stop 4505 is linked with buy at 4510.

Each order is a bracket order, which (to me) means that each stop is LINKED with a specific order. If my stop at 4505 is touched, the SECOND trade should be closed as that trade is linked with that specific stop order.
How can the stop of the second trade be used to close another trade?????