Advantages Of The US Market
Available Orders
Market orders
A market order is an order to buy or sell a security immediately at the best available current price. It guarantees execution but does not guarantee a specific price
Limit orders
A limit order is an order to buy or sell a security at a specific price or better. For buy limit orders, the order will only be executed at the limit price or lower; for sell limit orders, the order will only be executed at the limit price or higher. This type of order guarantees the price but not execution
Stop Loss Order
A stop loss order is an order to buy or sell a security once it reaches a specified price, known as the stop price. When the stop price is reached, the stop loss order becomes a market order. This is typically used to limit an investor's loss on a position
Stop Limit Order
A stop limit order is similar to a stop loss order, but once the stop price is reached, the order becomes a limit order instead of a market order. This means the order will only be executed at the limit price or better, providing more control over the execution price but not guaranteeing execution
Take Profit Order
A take profit order is an order to sell a security once it reaches a specified price, allowing traders to lock in profits. This order is executed at the take profit price or better
Take Profit and Stop Limit
This combination involves placing both a take profit and a stop limit order on the same security. The take profit order sets a target price to lock in profits, while the stop limit order sets a price to limit losses. This allows traders to manage both potential profits and potential losses simultaneously