#OrderTypes101 The term #OrderTypes101 typically refers to a basic introduction or guide to different types of orders used in financial markets—especially in stock trading, forex, commodities, or cryptocurrencies
Order Type
Execution Speed
Price Control
Risk of Non-Execution
Market
High
Low
Low
Limit
Medium
High
Medium
Stop
High (after trigger)
Low
Medium
Stop-Limit
Medium
High
High
Trailing Stop
Dynamic
Moderate
Medium
FOK
Immediate
High
High
IOC
Immediate
High
Medium
Variable
High
Medium
Day Order
End of day
High
Medium