What is a Pending Order?
4XC
Last Update 7 months ago
A Pending Order is an instruction to open or close a position if the price reaches or crosses the level that you specified earlier.
So, to become an open position, a pending order should be triggered first. That comes in especially handy when you don’t have time to watch the market every second. Just decide on a price you can go for, and the system will do the rest.
4XC offers one type of pending order – Limit Order.