Pending order transaction means that once the price specified by the customer reaches or exceeds the price specified by the customer, the customer's instructions are executed to complete the transaction, and the transaction price is our real-time quotation. The exchange rate of pending orders is better than our real-time exchange rate, otherwise the transaction will be made at the real-time exchange rate. Pending orders are valid on the same day. Before the transaction, customers can also take the initiative to cancel the unfinished orders. After a customer makes a pending order transaction, the pending order amount is immediately frozen, and the amount cannot be used for payment or other purposes within the trading day unless the transaction is cancelled.
Stop loss order is a measure to prevent trading losses from expanding. When a futures contract held by a trader loses money, in order to prevent the loss from expanding further, the trader can set a price in advance, and when the market price reaches this price, the stop loss order will take effect automatically immediately. A stop-loss order is a very effective trading order. Although it cannot be used in actual operation, traders must set their own stop-loss price in advance before placing an order. Once the market price reaches the stop-loss price, we must abide by discipline and immediately declare the price limit liquidation order to control the loss.
Withdraw a bill
Withdrawing a bill means withdrawing an unfinished contract agreement, such as a consignment note or an order.
In the stock market, when you judge that the market may not progress according to your expectations, your previous entrustment can no longer be concluded, and you can cancel the order at this time. They haven't made a deal after you sent the entrustment application, but you don't want the application you just sent to make a deal. If you withdraw this application, you can consider it as withdrawal. (For example, if you see a sharp drop in the price and think it can be reduced to 4.7 yuan, but you just entrust 4.8 yuan to buy it, you should cancel the order first.