✅ Types of Orders in Trading:

Market Order: Immediate execution at the current price.

Limit Order: Execution at a specific price only.

Stop Order: Activated when reaching a certain price.

Stop-Limit: A combination of stop and limit.

Trailing Stop: To protect profits by tracking the price.

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🛍️ Types of Orders in E-commerce:

Regular Order: Available product.

Pre-order: Before the product becomes available.

Backorder: Not currently available.

Subscription: Automatically renews.

Dropshipping: Shipped from a third party.

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🚛 Types of Orders in Logistics:

Purchase Order: Request from the supplier.

Sales Order: Confirmation of sale to the customer.

Work Order: To execute a task or production.

Transfer Order: To move inventory.

#OrderTypes101