How to Understand Pending Order Easily

The pending order strategy has gained popularity among futures market traders. This situation is due to the high efficiency of these work tactics. Pending orders are pending orders or offers. Pending orders can be used to get a better price so that the profit can be bigger. In the pending order there are stop buy, stop sell, limit sell, and limit buy. Generally, pending orders that are widely used are buy limits and sell limits, and are usually used in a trend, whether it's an uptrend or a downtrend. Because usually the price when there is a trend will not be immediately brought up or down continuously. Here are some tips for placing pending orders:

Understanding the Types of Pending Orders

Before a trader uses a pending order, the trader needs to determine the level that will be the target. The target can be above or below the current price. Depends on the type of pending order trader.

There are 4 types of pending orders that are very often used, namely, buy stop, sell stop, buy limit, and sell limit. In order not to be difficult to understand, these four pending orders are divided into 2 categories, namely limit orders and stop orders.

Limit Order

Limit orders are placed aiming to make the target open buy below the current price or open sell above the current price.

Stop Order

Stop orders are used to create a target to open buy above the current price or open sell below the current price.

Watch the full video and details below!

More info : 

Free material soft copy contact 081 258 066 174 wa/call 

Private info / paid premium class (guided forever until consistent profit and independent). 

Whatsapp/call 081 233 593 672 Or direct access to our web www.wijayatrading.com