#OrderTypes101 AI Overview
The "order type 101" refers to a basic or introductory level of order types in trading, such as market orders, limit orders, and stop-loss orders. These are fundamental order types that traders use to buy or sell assets in a market. The year "2025" is likely used as a reference date or context, and it does not directly impact the order type itself.
Here's a more detailed explanation of common order types:
Market Order: This order type ensures immediate execution at the current market price. It's suitable for when you want to execute a trade quickly and don't have a specific price in mind.
Limit Order: With a limit order, you specify a price at which you want to buy or sell. The trade will only execute if the market price reaches your specified limit.
Stop-Loss Order: This order type is used to limit potential losses by automatically selling an asset when its price falls to a specified level. It helps protect your investment from significant declines.
In essence, "order type 101" in a trading context refers to the basic order types like market, limit, and stop-loss orders, which are essential for understanding how to trade in financial markets.