Stock Market Order Types (Market Order, Limit Order, Stop Loss, Stop Limit)

Market Order

Most basic type. "I want to buy/sell now"
Be careful with stocks with rapid price change as the time from buy to actual purchase could be a few seconds

Limit Order

"I want to buy this stock, but I only want to pay this much"

Stop Loss

"wait for stock to rise to threshold price"
Good for an unsure stock, waiting for stock to start trending up

Stop Limit

Combination
"wait for stock to trend upwards then buy. with a set threshold"


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