Types of Orders:

1- Limit Buy

Place a buy order below the current price and it will execute when the price drops.

2- Stop Buy

Place a buy order above the current price and it will execute when the price rises.

3- Stop Sell

Place a sell order below the current price and if the price drops to that level, the sell order will execute.

4- Limit Sell

Place a sell order above the current price.

And the art of using trading orders

Stop Loss

Trail Stop

Everyone knows that these are orders used to stop loss when "selling"

But when "buying" the order is completely different.

When selling:

The Stop is a fixed stop.

The Trail Stop is a trailing stop that increases as the stock rises automatically.