FinWiz

Order Types

Limit, stop, market, trailing, and bracket orders

18 articles in this category

beginner8 min read

Limit Orders: How They Work & When to Use Them

Limit orders let you control the exact price you pay or receive. Learn when to use them instead of market orders and how they protect your fills.

beginner9 min read

Stop-Limit Orders: How They Work & Examples

Stop-limit orders trigger at one price and execute at another. Learn how this two-part order works, with clear examples for both buying and selling.

beginner8 min read

Trailing Stop Orders: How to Lock in Profits Automatically

Trailing stops automatically move your stop loss as price moves in your favor. Learn to use them to lock in profits while letting winners run.

beginner7 min read

Market Orders: When Speed Matters More Than Price

Market orders execute immediately at the best available price. Learn when speed matters more than price control and how to manage slippage risk.

beginner9 min read

Stop-Loss Orders: Protecting Your Trading Capital

Stop-loss orders are your most important risk management tool. Learn how to set them properly to protect capital without getting stopped out too early.

beginner8 min read

Stop-Limit vs Stop-Loss: Which Order Type Should You Use?

Stop-limit and stop-loss orders both protect you from losses, but they work differently. Learn when to use each and the tradeoffs between them.

beginner7 min read

Limit Order vs Market Order: Key Differences Explained

Limit orders control price, market orders control speed. Learn the key differences and when to use each order type for optimal trade execution.

intermediate8 min read

Bracket Orders: Automating Your Entry, Stop & Target

Bracket orders combine entry, stop loss, and profit target into a single order group. Learn to automate your trade management with this powerful tool.

beginner7 min read

Limit Buy vs Limit Sell: How Limit Orders Work on Both Sides

Limit orders give you price control. A limit buy triggers at or below your price. A limit sell triggers at or above.

beginner7 min read

GTC Orders: Good 'Til Cancelled & Other Time-in-Force Types

GTC orders remain open until filled or cancelled. Day orders expire at close. Learn all the time-in-force options.

beginner7 min read

Order Fills: How Trade Execution Works

A fill is the completion of your order. Learn how fills work, what partial fills mean, and how to get better execution.

beginner8 min read

Buy Stop Orders: How to Enter Above the Current Price

A buy stop triggers a purchase when price reaches a level above the current price. Learn how to use it for breakout entries.

beginner8 min read

Stop Orders: How They Work & When to Use Them

Stop orders trigger when price hits your stop level. Learn sell stops for protection and buy stops for breakout entries.

beginner12 min read

Stock Order Types: The Complete Guide to Every Order

From market orders to bracket orders, every order type explained. Learn when to use each one and the trade-offs involved.

beginner14 min read

Stock Order Types: Complete Guide to Every Order

Every order type explained in one place. Market, limit, stop, trailing stop, bracket, and more — with examples.

beginner8 min read

OCO Orders: One-Cancels-the-Other Explained

An OCO pairs a stop loss with a profit target. When one fills, the other cancels automatically.

beginner9 min read

Limit Order vs Stop Order: Which to Use & When

Limit orders guarantee price but not execution. Stop orders guarantee execution but not price.

beginner12 min read

What Is a GTC Order?

A GTC (good til cancelled) order stays active until it's filled or you manually cancel it, persisting across multiple trading sessions.