Understanding Order Types

A Quick Guide to OCO (Order Cancels Order) and how it Works?

An OCO Order (Order Cancels Order) is a pair of orders stipulating that if one order executes, then the other order is automatically canceled. An OCO order combines Take Profit with a Stop Loss order. If any of the order executed another order automatically gets canceled. According to Investopedia: Traders can use OCO orders to trade retracements and breakouts. […]

How Stop Buy works?

Stop Limit Buy work very similar to Stop Loss. In Stop Limit Buy a Limit Buy order triggers when the market reaches the Stop value. It majorly used to buy a coin at a lower price as close to the trough. Below are the steps used to place Stop Limit Buy: Select Stop Buy order […]

How Limit Sell Works?

In limit sell the user has the control at what price the quoted currency will be sold at. It offers the advantage of being assured the market exit point is at least as good as the specified price. This order most of the time is not instant rather the exchange will wait till the target […]

How Limit buy Works?

In limit buy the user has the control at what price the quoted currency will be bought at. It offers the advantage of being assured the market entry or exit point is at least as good as the specified price. This order most of the time is not instant rather the exchange will wait till […]

How Market Sell Works?

When an investor places an order to buy or sell a stock, there are two fundamental execution options: place the order “at market” or “at limit”. Market Sell order is a transaction meant to execute as quickly as possible at the present or market price. To perform this Order Type From the drop-down menu select Market […]

How Market Buy Works?

When an investor places an order to buy or sell a stock, there are two fundamental execution options: place the order “at market” or “at limit.” Market buy order is a transaction meant to execute as quickly as possible at the present or market price. To perform this Order Type From the drop-down menu select […]