📈 Types of Orders in the Stock Market
#OrderTypes101 (Financial Version)
Market Order: Buy or sell immediately at the best available price.
Limit Order: You set the price you want, and it is not executed unless the market reaches that price.
Stop Order: Converts to a market order when a certain price is reached (stop price).
Stop-Limit Order: Combines a stop order and a limit order — gives you greater control but without a guarantee of execution.
Trailing Stop: Follows the market by a specified percentage or amount — to lock in profits.
📦 Types of Orders in E-Commerce and Delivery
#OrderTypes101 (Commercial Version)
Standard Order: Regular delivery without urgency.
Rush Order: Handled and delivered quickly.
Backorder: The product is currently unavailable and will be shipped later.
Pre-order: Purchase of a product that has not yet been released.
Drop Shipment: The product is shipped directly from the supplier to the customer.
🍽️ Types of Orders in Food Services
#OrderTypes101 (Food Version)
Pickup Order: The customer picks up the order themselves from the restaurant.
Delivery Order: The order is delivered to the customer's location.
Scheduled Order: Ordered now to be executed later.
Catering Order: Large quantities often for events.