Lesson

Order Types Mastery | Options Educator

Master market, limit, stop, and advanced order types with real execution examples.

In this lesson

Market Orders: Instant Execution

  • Market Order = Guaranteed Fill, Unknown Price
  • Best for: Speed and Liquid Stocks
  • Worst for: Volatile or Low-Volume Stocks
  • Golden Rule: Speed costs money (slippage)

Limit Orders: Price Control

  • Limit Order = Guaranteed Price, Unknown Fill
  • Buy Limit = Max price you will pay
  • Sell Limit = Min price you will accept
  • Golden Rule: Be patient. Let the price come to you.

Stop Orders: Automated Protection

  • Stop Order = Automated Exit Trigger
  • Stop-Loss protects you from big crashes
  • Trailing Stop follows the price up (locking in profit)
  • Golden Rule: Protect your capital first

Advanced: Automate Your Trade

  • Bracket Order = Profit Target + Stop Loss
  • OCO = One Cancels Other
  • Automates your risk management
  • Golden Rule: Plan the trade, trade the plan

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