1, market price instruction
The market price list is one of the orders commonly used in futures trading. It refers to the order to close the position immediately according to the current market price, which is characterized by fast closing. Once the order is issued, it cannot be changed or revoked.
2. Limit order
A limit order refers to an order that must be executed at a limited price or better. When the limit order is issued, the transaction can be carried out at the expected price, which is relatively slow and sometimes even impossible.
3. Stop loss instruction
A stop-loss order refers to an order that becomes a market order when the market price reaches the expected price level. Using stop-loss orders can not only effectively lock in profits, but also minimize possible losses.