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Pending order

Eden

Oct 25, 2021 13:27


An order placed by the trader to the broker and executed when the market quotation reaches the preset price.


There are 4 ways of pending orders


1. Buy Limt  

Preset a price lower than the current price for pending buy. 

When the bid price reaches the preset price, the order will be executed.

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2. Sell Limit 

Preset a price higher than the current price for pending sell.

When the ask price reaches the preset price, the order will be executed.

1603357609331667.png


3. Buy stop

Preset a price lower than the current price for pending buy. 

When the bid price reaches the preset price, the order will be executed.

1603357633147407.png


4. Sell Stop

Preset a price lower than the current price for pending sell.

When the ask price reaches the preset price, the order will be executed.

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How to open a pending order?


Click position--click order button

Click pending,  choose  your trading products, choose Sell or Buy, fill in pending order and trading volume, finally click Place to confirm.


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