Capinco

Saturday, November 12, 2016

Types Of Orders.


You Can Decide To Open A Day Trade , Pending (Limit) Order Or Forward Order.

  • A Day Trade , Also Known As A Market Order  , Is An Order To Buy Or Sell At The Best Available Price.This Type Of Order Is Typically Executed Immediately.
  • A Pending Order Is An Order To Open A Day Trade Deal At A Rate That You Have Pre-Defined When And If The Market Reaches That Rate.
  • A Forward Order Is An Open Trade With A Value Date Greater Than The Spot Value Date.It Has The Usual Features Of A Day Trade , Including A Margin Requirement.
All Three Types Of Orders Can Have Tailored Stop Loss And Take Profit Rates Set By You , In Order To Help You Manage Your Risk.

More Features Here.




No comments:

Post a Comment