Course Content
Understanding the Different Order Types
When you’re trading stocks or cryptocurrency, you interact with the market by placing orders: A market order is an instruction to buy or sell immediately (at the market’s current price). A limit order is an instruction to wait until the price hits a limit or better price before being executed That’s orders in a nutshell. Of course, each of these two categories has different variations that do different things, depending on how you want to trade. Curious? Read on.
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Introduction
Market order vs. limit orders
What you need to know about market orders
Common types of orders
Stop-limit orders
One-cancels-the-other (OCO) orders
What’s time in force?
Closing thoughts
Understanding the Different Order Types
About Lesson

The simplest orders are buy market orders, sell market orders, buy limit orders, and sell limit orders. If you stuck solely to these, though, you’d find yourself with a somewhat restricted trading experience. Instead, you can build on top of these to take advantage of market conditions, whether in short-term or long-term setups.

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