Understanding stock trading types of orders is essential to control price, timing, and risk when buying or selling shares.

Understanding stock trading types of orders is essential to control price, timing, and risk when buying or selling shares. An order tells your broker how to execute your trade. The most common order types include market orders (fill immediately at the best available price) and limit orders (set your price and wait for a match). To manage downside and lock in gains, traders use stop-loss, stop-limit, and trailing stop orders. Time-in-force instructions—such as Day, GTC (Good-Til-Canceled), IOC (Immediate-Or-Cancel), and FOK (Fill-Or-Kill)—define how long an order stays active. Advanced structures like bracket and OCO (One-Cancels-the-Other) combine multiple orders to automate entries and exits. In fast-moving markets, the order you choose can determine slippage, fill quality, and overall performance. This guide simplifies the pros and cons of each choice, highlights common pitfalls, and shows when to use them for entries, exits, and risk management—so you can build a disciplined, repeatable execution plan.

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