#OrderTypes101 The market order," explained Alondra. "It is the most direct. When you use it, you tell the system: 'Buy or sell this RIGHT now, at the best available price!' Its great advantage is that it guarantees execution. It is ideal if speed is your priority." Alondra paused. "The disadvantage? You don't know the exact price until it is executed, especially in volatile markets."

"No worries! It's just an opportunity to buy cheaper!" interrupted Nomhas, biting into a mango that no one knew where he had gotten it from. Everyone was surprised.

VerifyLink, with a mix of patience and slight exasperation at Nomhas's unyielding optimism, nodded and asked Alondra about other order options. "I understand. So, if what I'm looking for is more control over the price, is there any other option?"

"Of course! That’s what the limit order is for," continued Alondra, giving Nomhas a playful look. "With this, you specify: 'I want to buy this for no more than X price, or sell it for no less than Y price.' It gives you precise control over the price. The downside is that it does not guarantee execution. If the market never reaches that price you specified, the order simply does not activate. It's a balance."

"And remember, in trading, just like with mangoes, sometimes you have to wait for them to be at their best to enjoy the best results!" added Nomhas, winking.