#OrderTypes101 OrderTypes101: In the world of trading, it is essential to understand the main types of orders. A market order is executed immediately at the best available price. A limit order allows buying or selling only at a predetermined price or better. A stop order is triggered when a certain price is reached, often used to limit losses. A stop-limit order combines stop and limit, offering greater control. Trailing stop orders follow the price with a fixed distance, protecting profits. Understanding these tools is the foundation for trading with awareness in financial markets, whether they are stock, currency, or cryptocurrency markets.
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