Stock Market Order Types For Beginners | Ultimate Guide

Stock Market Order Types For Beginners | Ultimate Guide. This video covers everything you need to know about the different order types you can make when trading on the stock market. Understanding these order types can empower you to make more informed financial decisions when trading securities.
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⏰ Timestamps ⏰
00:00 Intro
00:58 Market Order
03:14 Limit Order
06:15 Stop Loss
08:02 Stop Limit
10:11 Trailing Stop Loss
12:37 Trailing Stop Limit
13:40 Conclusion
What is a Market Order?
A market order is the most straightforward type of order, allowing you to buy or sell a stock at its current market price. However, this immediate execution doesn't guarantee you'll get the exact price you see due to market fluctuations, making liquidity an important factor to consider.
What is a Limit Order?
Limit orders let you specify the exact price at which you want to buy or sell a stock. While this gives you control over the price, it doesn't guarantee execution if the stock's price doesn't reach your specified limit.
What are Stop Loss Orders?
Stop loss orders help you protect your investments by automatically selling a stock when it reaches a predetermined stop price. They are particularly useful for limiting potential losses in volatile markets.
What are Stop Limit Orders?
Stop limit orders combine features of stop and limit orders, triggering a limit order once the stop price is reached. This offers a balance between price control and execution guarantee, but it may not execute in fast-moving markets or during price gaps.
What are Trailing Stop Orders?
Trailing stop orders, both for selling and buying, are a dynamic way to set a stop price based on the stock's peak or valley, offering flexibility in managing your investments as market conditions change.
What is a Trailing Stop Limit Order?
Trailing stop limit orders operate similarly to trailing stop orders but execute as limit orders when the trigger price is reached. This adds an extra layer of control but may pose execution challenges in rapidly changing markets.
Understanding these stock order types is crucial for any investor. If you have questions or want to explore more about investing, don't hesitate to reach out!
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Disclaimer: This content is for entertainment purposes only. The information provided in this video does not, and is not intended to, constitute legal, tax or financial advice; instead, all information, content, and materials available on this video and on this channel are for general informational purposes only. The presenter is not an attorney, accountant or financial advisor. Viewers of this video should contact their attorney, accountant or financial advisor to obtain advice with respect to any particular legal, tax or financial matter.

[@DannySully]

What Order Types are your favorite and why? - Enjoy!
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[@Floyd_Steel]

I don't get the stop limit regarding Sell.. why not just set a limit order instead of setting a stop price to trigger a limit order? Am I missing something?

[@Mrjosecol1]

Thank you!!

[@peterbeertema6494]

Thank you for the video. Your info made it really clear to understand. I was wondering about one other buy sell and if it's possible. I want to set a limit below the market value but i also want to sell if it continues to decrease. That's not possible is it but can I modify the order after I've bought the stock? My problem is lack of time to watch my stocks. Cheers

[@marinrodriguez7729]

As always a very helpful video on some key basics! Thanks again for what you do. I def had questions about these kinds of orders and though it is a lot to digest all at once it has def been helpful. Looking forward to more!

[@DannySully]

Thank you for your comment, that means a lot to me! I’m glad to hear it helped!

[@davidmatke248]

Great explanation of some kinda confusing concepts!
I almost always do a limit order when buying so I feel like I'm getting a slight "discount" off of the current market price.

[@DannySully]

Thank you! And thanks for your input, makes sense!

[@EricMcDowellegm]

Great overview and explanation. Thanks for all you do, Danny!

[@DannySully]

Thank you, I really appreciate your words!

[@SilkeLike]

Hello, this is the first video of yours that I have watched. Thank you for the information. Question...do you have a video that discusses how to mitigate potential losses due to price gaps?

[@DannySully]

Hi there! Thank you for your kind words! Unfortunately I do not but, have you tried research for other content or articles on that?

[@leonleon765]

What's a post only order?

[@nardosmehari2452]

Thank you for all that you do Danny! I just started investing last week and I learned everything I need to know by watching your videos. Keep up the good work.

[@DannySully]

That's so great to hear! Thank you for letting me know and I wish the best for you!

[@hannahw2697]

Thank you!

[@DannySully]

Of course! :)

[@shamans123]

Thanks for the explanation. I didn't understand trailing stop orders but now I do :).

[@DannySully]

Of course! I'm glad to hear that, thank you for your input :)

[@UNIQUEEVERYDAY]

GREAAT explanation

[@DannySully]

Thank you so much!

[@tooflyely636]

I am trying to short sell but I do not see an option to do so, can I do that on fidelity?

[@Painting384]

This is very clear thank you you should become a teacher

[@DannySully]

Thank you very much :)