Currently, the most commonly used order type for personal use is the limit order, especially during periods of significant price fluctuations. Using a limit order triggers one's expected price point, allowing for a clear understanding of potential profits and losses.

The main types of orders in trading are as follows:

Market Order

- Definition: An order executed immediately at the current market price, where the user does not specify a price but buys or sells at the best available market price.

- Characteristics: Fast transaction speed, ensures quick execution of orders, but the execution price is uncertain and may vary due to market fluctuations.

Limit Order

- Definition: The user specifies a particular price for buying or selling, and the order will only be executed when the market price reaches or exceeds that specified price.

- Characteristics: Allows control over the transaction price, can execute at the expected price, but the order may not be executed immediately and will require waiting for the market price to reach the set limit.