FinWiz

Order Types

Limit, stop, market, trailing, and bracket orders

8 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.