#OrderTypes101

Understanding the different order types.

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When you trade stocks or cryptocurrencies, you interact with the market by placing orders:

A market order is an immediate buy or sell instruction (at the current market price).

A Limit order is an instruction to wait until the price reaches a limit or better before being executed.

This is the basics of orders. Of course, each of these two order categories each have different variations that allow different things, depending on how you want to trade. Are you curious?

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