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What Does Order Type Mean When Buying Stock. In order to place a stock trade, the order type has to be specified before the trade gets executed. Learn how and when to use them.
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In order to place a stock trade, the order type has to be specified before the trade gets executed. What is a market order and how does it work? Market, limit and stop orders | charles schwab
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What is a market order and how does it work? This is because the stock may not reach the price at which the order is placed during the trading day. You own a stock that's trading at $18.25 a share. The following are the types of orders generally available: