Entry Orders:
An order, stop or limit, initiating an open position and executed when a specific price level is reached and/or broken. The execution is handled by the dealing desk and the order is in effect until cancelled by the client.

Entry Limit Orders:
An order initiating
an open position to sell as the market rises, or buy as the market falls. The
client believes the market will reverse direction at the level of the order.

Entry Stop Orders:
An order initiating
an open position to sell as the market falls, or buy as the market rises. The
client placing the order believes that prices will continue to move in the same direction as the previous momentum after hitting the order level.

Limit Orders:
A limit order is an order tied to a specific position for the purpose of locking in the gains from that position. A limit order placed on a buy position is an order to sell. A limit order placed on a sell position is an order to buy. A limit order remains in effect until the position is liquidated or canceled by the client.