<h2>What is a General Order (GO)?</h2>
<p>A <strong>General Order (GO)</strong> is a type of order used in trading to place a specific number of trades at a predefined price level. It's a versatile tool that allows traders to set up multiple trades in advance, helping them manage their positions more efficiently.</p>

<h2>How It Works</h2>
<p>A General Order is essentially a batch of pending orders that are triggered when the market reaches a specified price. Here's how it works:</p>
<ul>
  <li>Traders set the number of trades they want to place and the price level at which they want them to be executed.</li>
  <li>When the market price reaches the specified level, the General Order is activated, and the trades are placed automatically.</li>
  <li>Each trade in the General Order is placed at the best available price, not necessarily the predefined price.</li>
</ul>
<p>General Orders are particularly useful when trading with <strong>MetaTrader 5</strong>, as the platform supports this order type. They can be set up using the platform's advanced order types functionality.</p>

<h2>Why It Matters for Traders</h2>
<p>General Orders offer several benefits to traders:</p>
<ul>
  <li><strong>Time Efficiency:</strong> Traders can set up multiple trades in advance, saving time and reducing the need for constant market monitoring.</li>
  <li><strong>Risk Management:</strong> By setting a specific number of trades, traders can better manage their risk exposure. They can also set stop-loss and take-profit levels for each trade in the General Order.</li>
  <li><strong>Opportunity Capture:</strong> General Orders help traders capitalize on market opportunities that may arise suddenly. By having trades pre-set, traders can quickly enter the market when the right conditions present themselves.</li>
</ul>

<h2>Example</h2>
<p>Let's say a trader wants to buy 10 lots of EUR/USD at a price of 1.18000, with a stop-loss at 1.17800 and a take-profit at 1.18200. Instead of placing 10 individual orders, the trader can set up a General Order with the following parameters:</p>
<ul>
  <li>Order Type: Buy</li>
  <li>Instrument: EUR/USD</li>
  <li>Number of Trades: 10</li>
  <li>Price: 1.18000</li>
  <li>Stop-Loss: 1.17800</li>
  <li>Take-Profit: 1.18200</li>
</ul>
<p>When the market price reaches 1.18000, the General Order will be activated, and the 10 trades will be placed automatically at the best available price, with the specified stop-loss and take-profit levels.</p>

<h2>Key Takeaways</h2>
<ul>
  <li>A General Order is a batch of pending orders that are triggered when the market reaches a specified price.</li>
  <li>General Orders are useful for managing time, risk, and capturing market opportunities.</li>
  <li>MetaTrader 5 supports General Orders, making it easier for traders to use this advanced order type.</li>
  <li>Traders can set up General Orders with specific parameters, including the number of trades, price, stop-loss, and take-profit levels.</li>
</ul>