Types of Orders

Types of Orders
Orders of GTC (good until canceled) when putting an order, you must specify for how long the order is to be valid. The GTC order is a very common type of order; it continues being valid, 24 hours to the day, until it iron gates. The daily routines of the orders of the “day” are good until the time of 23:00 CET.

Market Order ?
An instruction to distribute if a market moves at a more favorable level (that is to say, an instruction to buy if a market goes down to a specified level, or on sale if a market goes until a specified level) is called a limit order.

Stop Orders ?
Deal An instruction to if to market moves to to less favorable level (i.e an instruction to buy if to market goes up to to specified level, or to sell if to market goes down to to specified level) is called to Stop Order.

OCO Order - One Cancels the Other ?
An order of “OCO” (“one cancels the other”) is a special type of order where a parade formation and an order of limit in he himself market league together together. With an order of OCO, the execution of one of both results related of the orders in the automatic cancellation of the other order.

IF DONE Order
IF the DONE order is an order of two legs in which the execution of the second leg it can only happen after the conditions of the first leg been have satisfied. The first leg, only a limit, believes in an active state and the second, that can be a shutdown, a limit, or a OCO, is believed in an inactive state.

Loop Order?
An order of the bow is a perpetual order or of put repetition in anticipation of a cyclical movement in the market. It is a pair of orders that match where the first leg is active and of the inactive second. When the wished price is reached after the active order, it is executed, the inactive order gets to be active, and a new order (a copy of that as soon as it is executed) is believed in an inactive state. The repetitions of this process until the order are canceled explicitly.