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General TradingE
Entry Order
An entry order is an instruction to open a trade at a specified price level that differs from the current market price. It includes limit orders (to enter at a better price) and stop orders (to enter on a breakout), and executes automatically when the target price is reached.
Example
“The swing trader set a buy stop entry order at $52.00 on the stock, which was currently trading at $50.50, so the position would only open if the breakout above resistance was confirmed.”