#OrderTypes101 In trading, there are several common types of orders used to manage buying and selling decisions. A Market Order is used to buy or sell a security immediately at the best available current market price. A Limit Order allows traders to set a specific price at which they want to buy or sell; the trade only executes if the market reaches that price or better. A Stop-Loss Order is placed to sell a security once its price drops to a predetermined level, helping to limit potential losses. These order types help traders manage risk and control their trading strategies effectively.#OrderTypes101
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