An order ticket records an instruction. A deal records an execution, and a position describes an exposure that remains open. Keeping those words separate makes the trade history easier to read, especially when an instruction is rejected, expires or is only partially filled.
What the order is asking for
A market order asks for a transaction under the symbol's available execution rules. A pending order sets conditions for an instruction to activate later. The order types available in MetaTrader 5 depend on the instrument and server configuration; the platform documentation describes the general types, not a promise that every account supports all of them.
A buy limit is normally placed below the current market and a sell limit above it. A buy stop is normally placed above the market and a sell stop below it. These names describe different instructions, not different levels of certainty. Stop-limit instructions add another step: a stop condition activates a limit order, which may then remain unfilled.
Activation is different from execution
Writing a level into an order does not guarantee that every transaction will execute at exactly that level. Spread, gaps, available liquidity, execution mode and the symbol's rules can affect the result. Stop Loss and Take Profit are associated exit instructions; they should not be described as guaranteed maximum-loss or guaranteed-profit amounts.
For a practice walkthrough, choose a demo instrument and write down the intended action in plain words before selecting an order type. Record the symbol, side, volume, requested level, expiry and any attached exit levels. Compare that note with the ticket. The goal of the exercise is to catch a mismatch in the instruction, not to predict the next price move.
Read the result in the history
After a demo instruction has been processed, compare the order record with any resulting deals and position. Keep the requested price separate from the execution price. If the order was not filled, record its displayed state rather than treating every absence of a position as a connection fault.
- Was the selected symbol the intended instrument?
- Was volume entered in lots rather than a cash amount?
- Were minimum distance and expiry rules satisfied?
- Does the record show an execution, a cancellation or a rejection?
Use the platform guide for access information and the Help Centre when an account-specific setting needs clarification. Never share a trading password or OTP in a support message.