PersonalFinanceLab: Intro to Order Types
Finance
In this animated video lesson, we'll explore the different types of orders that traders can use to execute their trades, including market orders, limit orders, stop orders, and more. Learn how to use these order types to buy and sell stocks and develop your own trading strategy. What You Will Learn: • Introduction to market orders and how they work. • Understanding limit orders and how to use them to buy and sell stocks. • Stop orders and how they can help you minimize losses or lock in profits. • Trailing stop orders and how they can help you ride the wave of a trending stock. • Examples of how to use each order type in real-world trading scenarios.