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Pending orders instruct your broker to execute a trade only when the market reaches a specific price. They include Buy Limits (buy below current price), Sell Limits (sell above current price), Buy Stops (buy above current price), and Sell Stops (sell below current price).
Answer
Pending orders instruct your broker to execute a trade only when the market reaches a specific price. They include Buy Limits (buy below current price), Sell Limits (sell above current price), Buy Stops (buy above current price), and Sell Stops (sell below current price).
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