Types Of Orders
Market Orders
Executed immediately based on 'bid' or 'ask'
BID is the price a buyer is willing to pay for an asset
ASK is the price a seller is willing to accept for an asset
Spread is the difference between the lowest ask price and
Market Execution
Limit Order
An order to buy or sell at a target price or better
1- Buying at a price lower than the market price
Buy Limit
2- Selling higher than market price
Sell Limit
Stop Market Order
Triggered at specified price, executed at market and used as an entry stop
1- Buying at higher than the current price
Buy Stop
2- Stop loss on a buy position
Sell Stop
Hedge
1- Taking a counter position
2- Does not require additional margin
3- Taking the opposite side of a position
4- Locking profits
