Next Top Trader: Market, Stop and Limit | Different Orders

Equity Mates Investing Podcast · Mar 28, 2019 · 10m

When placing an order to buy or sell your stocks, you may have noticed there are a few options you can choose from - market order, limit order or a stop order. Each order type has its advantages, and can be used in different situations, depending on what you are trying to achieve. Understanding what these order types mean, and how to execute them, will help you manage your risk and return. The most basic, and common, order type is the market order. In this episode we explain what it means and how it's executed. You would have heard us talk about the 'stop loss' and how it can be used to lock…