Quote:
Originally Posted by phil838
A lot of people use the terms "pending order" or "limit order" for any type of order that's set to trigger in the future, even though it may not technically be a limit order.
It's the same logic as using the word "car" for any type of vehicle. Just because someone says "There was a 3 car pileup on the highway" doesn't really mean they were cars... It could have been a truck, van, etc... 
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Hi Phil,
Thanks for the explanation. It make more sense to simple person like me