The Tech Storror

Market order: There are two types of market order. namely- 1. Market Execution Order 2. Market Pending Orders 1. Market Execution Order: When buying/selling a pair at the current market price, it is called a market execution order. That is, when we sell directly at the price, it is a market execution order. 2. Market Pending Order: If you want to buy/sell in the future at a price other than the current price, it is a market pending order. ** Pending order means that even if you are not in the market, your pending order will be active if the market goes to the rate at which you place a buy/sell order in the market. That is, pending order is the name of determining a certain rate before going to the market. There are four types of market pending orders. Namely – 1. Buy Limit 2. Sell Limit 3. Buy Stop 4. Sell Stop 1. Buy Limit: Buy limit is lower than the current price if you want to buy then you have to give Buy limit pending order. In case of buy limit pending order, you can never place

What is trend retracement or correction : When the market price moves against the main trend, it is usually called trend retrestment or correction. When a small movement is made against the uptrend, it is called a retest or correction. A sudden downtrend is called a retest or correction. This movement of the market against the uptrend is a market correction or trend retracement. Essentially, market movement against the main trend is called a retracement. Same definition for down trend. If there are more buyers than sellers, the market goes down. Again, when there are more buyers than sellers, the market starts to rise. This is one of the reasons for retrestment or correction. Sellers cannot hold the market against the trend for long. For this, the market makes small movements. And these small movements are retrestment or correction, when the presence of buyers in this market is more, then they move against the trend, and when it is seen that the presence of sellers is more, then the ma