Automating entries with pending orders: how far do you take it?

Limit and stop orders let the market enter your trades for you, removing the hesitation at the moment of truth. The risk is mechanical: orders fill on spikes and gaps you'd have skipped manually.

How do you use them?

• the setups you place orders for in advance
• the expiry and cancellation rules
• the spike that filled you where you didn't want to be

The order types guide explains each order's behaviour.