Master the different order types used in trading to control your entries, exits, and risk management. Understanding how each order type works is essential for executing your trading strategy effectively.
The foundational orders every trader must understand
Execute immediately at the best available price. Understand when speed matters more than price precision.
Read Article →Set your desired entry or exit price. Learn to be patient and get better fills on your trades.
Read Article →Protect your capital with stop-loss orders. Essential for risk management and preserving trading capital.
Read Article →Combine stop and limit orders for precise control over your entry and exit prices in volatile markets.
Read Article →Orders designed to lock in profits and manage risk automatically
Control how and when your orders get filled
Set up two orders where one cancels the other. Perfect for breakout strategies and bracket orders.
Read Article →Keep orders active until executed or manually cancelled. Understand time-in-force options for your orders.
Read Article →Execute the entire order immediately or cancel completely. Used when you need full position size or nothing.
Read Article →Understand how large orders get filled in chunks. Learn to manage positions when orders execute partially.
Read Article →These resources complement our comprehensive courses. Take our assessment to get a personalized 10-chapter curriculum tailored to your experience level.