The term “Order” refers to how you will enter or exit a trade. There are many different types of orders that can be placed in the market. You can choose to execute a trade at the current market price. Alternatively, you can create a conditional order to execute a trade at a future market price, above or below the current market rate.
Limit and Stop Orders
One Cancels the Other Orders
This section will help you become familiar with the various order types available on the AvaTrader and MetaTrader platforms. Understanding their meaning and how to properly use them is a critical component of trading.