Types of Pending Orders Indices Trading
- Buy Limit Indices Order Specifies to buy at a level below the current stock indices market price
- Sell Limit Indices Order Specifies to sell at a level above the current market indices price
- Buy Stop Indices Order Specifies to buy at a level above the current stock indices market price.
- Sell Stop Indices Order Specifies to sell at a level below the current stock indices market price.
Limit Indices Orders and Stop Indices Orders
Indices Pending Trading Orders are indices orders that are used to open a new indices trade position after the stock indices trading market reaches a indices price specified by the indices trader.
Indices Pending Trading Orders are used to buy or sell when the stock indices price quote attains a certain stock indices price target.
When a specific stock indices price level is reached then a indices pending trading order is executed.
Indices Pending Trading Orders are used to enter a indices trade at a specified stock indices price level. It is almost impossible to monitor the indices market every second and this is why a indices pending trading order can be used. If you feel the indices market may take a certain action, such as break through a particular stock indices price level that it has been touching but it has not been able to break this level, then as a indices trader you would want to use a Indices Pending Trading Order. Once the stock indices price quote crosses your specified level, your pending stock indices order is executed.
There are two types of pending indices orders - stock indices limit order and indices stop order.
These indices pending trading orders are also known as indices entry orders.
Limit Indices Order
An order to buy or sell at a certain limit.
An indices pending limit indices order can be used to buy below the current stock indices price quote or sell above the current stock indices price quote.
When buying, indices pending limit stock indices order is executed when the stock indices price falls to your limit specified stock indices price quote level.
When selling, indices pending limit stock indices order is executed when the stock indices price rises to your limit specified stock indices price quote level.
These Limit Indices Orders are placed by indices traders when they expect the stock indices price to bounce back after reaching the specified stock indices price quote level at which the pending limit stock indices order was placed.
- Indices Buy Limit Trading Order Specifies to buy at a level below the current indices price
- Indices Sell Limit Trading Order Specifies to sell at a level above the current indices price
Stop Indices Order
A indices pending stop order is an order to buy above the current stock indices market price or to sell below the current indices price.
When buying, a pending stop indices order is executed as the indices market goes up and hits the buy stop stock indices price quote level.
When selling, a pending stop indices order is executed as the stock indices market price goes down and hits the sell stop specified stock indices price quote level.
- Indices Buy Stop Trading Order Specifies to buy at a level above the current indices price.
- Indices Sell Stop Trading Order Specifies to sell at a level below the current indices price.
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