When we have a certain point to trade then we use pending order. Pending order means pre order taken by a trader in a particular point. A pending order allows traders to buy and sell securities at a pre-defined price in the future. This type of order is used to execute a trade if price reaches the pre-defined level; the order will not be filled if price does not reach this level. With Trade12 I have superior fast execution and technical errors free environment and they open an order in the authentic place.
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