It is divided into two categories, one is the limit order for long orders, and the other is the limit order for short orders.

There are two types of multi-order limit orders, one is buy limit, and the other is buy stop. Buy limit means placing multiple orders below the current price, and buy stop means placing multiple orders above the current price.

There are two types of short limit orders, one is sell limit, and the other is sell stop. Sell limit means placing a short order above the current price, and sell stop means placing a short order below the current price. one.

Let me tell you a simple memory method. Buy limit and sell limit are common thinking. Buy low and sell low (meaning buy low and sell high). Buy stop and sell stop are different from conventional thinking, that is, Buy high and sell low, this pending order method is generally used in the position breaking order chasing method.