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Place a Pending Limit or Stop Order

Queue an order that opens only when the market reaches your price. A Buy Limit waits below the current price; a Buy Stop waits above it.

6 stepsTrading on 4XTerminal

How to use this guide: Follow the numbered steps in order. Each heading names the button, field or control to use, the note below it explains what happens, and the pointer on the screenshot shows exactly where to click.

16 Step-by-step guide

Place a Pending Limit or Stop Order

Queue an order that opens only when the market reaches your price. A Buy Limit waits below the current price; a Buy Stop waits above it.

1

In Market Watch, select DOM for the symbol.

The order panel opens for that symbol.

Step 1 · action shown abovePlace a Pending Limit or Stop Order — step 1
2

Open the order-type menu (it shows Market) and choose Limit or Stop.

Use Limit to buy below or sell above the current price, and Stop to buy above or sell below it.

Step 2 · action shown abovePlace a Pending Limit or Stop Order — step 2
3

Enter the Price at which the order should open.

The order waits until the market reaches this price.

Step 3 · action shown abovePlace a Pending Limit or Stop Order — step 3
4

Select Buy or Sell to place the pending order.

The button keeps its “(Mkt)” label, but the order is placed as the type you chose.

Step 4 · action shown abovePlace a Pending Limit or Stop Order — step 4
5

Open the Pending tab to see your order waiting.

When the price is reached, the order opens as a trade and moves to the Trades tab.

Step 5 · action shown abovePlace a Pending Limit or Stop Order — step 5
6

Select X on the order to cancel it.

A cancelled order is removed from the Pending tab and never opens.

Step 6 · action shown abovePlace a Pending Limit or Stop Order — step 6