§Buy
limit:This the pending order
you place at particular price level below the current price,anticipating that price will
fall to such level when the market is in
buy mode.
§Sell
limit:This the pending order
you place at given price level above the current price, anticipating that price
will rise to that level when the market is in a sell mode
§Stop
order:This the order you place
at given price level either buy or sell market such that if the market is going
against you,the order is triggered
to stop further loses.
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