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.
There are four types of pending orders: buy limit, sell limit, buy stop and sell stop. The following details the explanation of these four pending orders:
Stop buying
Buying a stop loss and hanging the list above the current price is a breakthrough in chasing orders;
sell stop
Sell stop loss, hang a sell order below the current price, that is, break through the chase order.
Purchase limit
Buy the limit price, the pending order is lower than the current price, that is, do more on dips;
Selling limit
Sell the limit price, hang a sell order above the current price, that is, short on rallies.