Pending order
An order to open a trade automatically when price reaches a level you set. Limit and stop orders are pending orders.
Related terms
Buy limit
A pending order to buy below the current price, used to enter on a…
Buy stop
A pending order to buy above the current price, used to enter on…
Limit order
A pending order to buy below or sell above the current price. It…
Good till cancelled (GTC)
An order instruction that keeps a pending order active until it…
One-cancels-the-other (OCO)
A pair of orders where filling one automatically cancels the…
Breakeven
Moving the stop loss to the entry price so the trade can no longer…