Types of orders
The best way to understand a new concept is to see it in action. Below are some examples of popular trading execution types.
Market orders
Market order represent the most basic trade execution. You are accepting any price for your execution. The only goal is to get in on the “action”, get exposure to the market.
Pending orders
Pending orders are a little more sophisticated than the market orders. The goal here is to achieve a exposure to the market at a certain price level.
Limit
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Stop
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