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04
Trading Basics Course

Market Orders and Pending Orders

Understand the different ways a trader can enter the market.

Market orders

A market order is an instruction to enter a trade at the best available current price.

The final execution price may differ slightly from the displayed price during fast market conditions.

Pending orders

A pending order is placed in advance and activates only when a specified price condition is reached.

  • Buy Limit
  • Sell Limit
  • Buy Stop
  • Sell Stop

Protective orders

Stop-loss orders can help limit potential losses by closing a trade at a specified level.

Take-profit orders can automatically close a trade when a target price is reached.

Learning reminder

This lesson is for educational purposes. Always understand the risks before using real money in financial markets.