Can somebody explain to me what "Entry Stop Sell" and "Entry Limit Buy" are? I understand the basic principle of a limit order is to specify a price at which one will enter a position either long or short. But, I don't understand why there are two kinds of limit orders. Does it have to do with the direction in which the price approaches the limit price? i.e. is an entry limit exicuted when a price goes UP to a certain price, and a entry stop exicuted when a price goes DOWN to a certain price? I'm highly confused.