Albert RobertsonBearishLet Working Orders Sit in the Book Until Your Price Hits
Not every trade is executed the moment it is placed. Some orders are submitted with a specific price attached, and they sit in the order book, waiting, until the market price reaches the requested level. These are working orders: the decision to wait for the price to come to you rather than chasing the current market price. This guide covers what a working order is, where it sits in the book, and how it compares to market, limit, and stop orders.