A not-held order is an order placed with a broker that is not required to be executed at a specific price, but rather at the best price the broker can obtain. Not-held orders are typically used when the investor is not concerned about getting the best possible price for the security, but is more concerned with getting the order filled quickly.
What is regular order and SL order?
There are two main types of order: regular and SL (stop-loss).
Regular order is an order that is placed at the current market price. The order is then executed at that price, or at a better price if the market price moves in the trader's favor.
SL order is an order that is placed at a price that is lower than the current market price. The order is then executed at that price, or at a better price if the market price falls. What is meant by order type in trading? Order type refers to the different types of orders that can be placed in a trading system. These include market orders, limit orders, stop orders, and so on. Each type of order has its own specific characteristics and purpose. What is a limit order type? A limit order is an order to buy or sell a security at a specific price or better. A limit order is not guaranteed to be executed. How many types of trading strategies are there? The number of types of trading strategies are limited only by the imagination of the trader. Some common strategies include:
Scalping: A trading strategy that seeks to profit from small price changes. Scalpers attempt to hold their positions for a short period of time, generally no longer than a few minutes.
Momentum: A trading strategy that seeks to capitalize on the continuance of an existing trend. Momentum traders buy assets that are moving up in price, and sell assets that are moving down.
Mean reversion: A trading strategy that seeks to take advantage of price movements that are deemed to be excessive in relation to underlying fundamentals. Mean reversion traders try to buy assets that are undervalued and sell assets that are overvalued.
These are just a few of the many possible trading strategies. There is no one "right" way to trade, and different strategies will work better or worse depending on the market conditions.
What is a not held order? A not held order is an order that is not subject to the restrictions of the held order type. Not held orders are typically used by traders who want to have more control over their trades. For example, a not held order may be filled at a different price than the trader's limit price, or may not be filled at all.