At Eurotrader, we offer the best trading platforms to ensure a seamless, secure, and efficient trading experience. 

If your pending order wasn’t executed, market conditions or pricing mechanics could be the reason. Here are the key factors that may have prevented execution:

1. Market price didn’t reach your order level

Explanation:
Pending orders (limit and stop orders) trigger only when the market price reaches or surpasses your set level.

Key Detail: Bid vs. Ask Prices

• Buy Orders (Buy Limit, Buy Stop) execute at the ask price.
• Sell Orders (Sell Limit, Sell Stop) execute at the bid price.
  If the bid or ask price doesn’t hit your target, the order remains unexecuted.

Example:

• You placed a Sell Stop order at $50.
• The ask price dropped to $50, but the bid price only reached $50.05.
• Since sell orders execute at the bid price, your order didn’t trigger.

2. Price gaps or slippage

Explanation:
High market volatility can cause price gaps, skipping over your pending order level.

Impact on Execution:

• Buy Stop orders may be skipped if the ask price jumps past the stop level.
• Sell Stop orders may not execute if the bid price gaps are below the stop level.

Example:

• You set a Buy Stop order at $105.
• The ask price jumped from $104.90 to $106, skipping your order level.
• As a result, your order wasn’t executed.

Understanding bid/ask pricing and market gaps is essential for managing pending orders. Always factor in slippage and volatility when setting trade levels.

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