Types of Orders

Market, limit, stops, brackets and more.

1. Market Orders — The simplest order type: what a market order guarantees, what it doesn’t, and how slippage happens when an order walks the order book.
2. Limit Orders — How a limit order puts you in control of price, why it might not fill, and how buy limits and sell limits are used in real trading plans.
3. Stop & Stop-Limit Orders — How stop orders trigger, why a stop becomes a market order, what stop-limit orders change, and what happens when a stock gaps past your stop.
4. Trailing Stops — A stop that moves up as price rises: how percentage and dollar trailing stops work, how to choose the distance, and the trade-offs of letting winners run.
5. Bracket & OCO Orders — How to place the entry, the stop and the profit target all at once, and how one-cancels-other orders keep your exits from colliding.
6. Time in Force & Extended Hours — How long your order stays active, what day, GTC, IOC and FOK mean, and the special risks of trading before the open and after the close.