Pro lessonTrading Terminology · 2/53 min read
Order types: market, limit, stop and stop-limit
Market, limit, stop and stop-limit orders explained with simple numbers, including when each one fills and what can go wrong.
An order is an instruction to buy or sell. The order type decides when it runs and at what price. Choosing the right type is one of the simplest ways to control risk.
A market order buys or sells immediately at the best price available. You get speed, but not a guaranteed price.
Read the full lesson with DUKOIN Pro
See plansPro unlocks all 72 Academy lessons, every quiz and the practice challenges. Six modules stay free forever.