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.

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.

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.

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.

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.