A trade order is a request that a trader places on a marketplace or any online investment intermediary (like a broker) to trade on some asset. This is the basis. Without understanding its essence, you will not be able to trade.
In this article, we are going to consider three principal types of orders for stocks, currencies, and commodities that allow you to define the particular terms: Stop, Limit, and Stop Limit orders. We will tell you the difference between them and the way they should be used.
Besides, beginners will find a lot of useful information in our analytics section, including the glossary that you should read before you learn how to open or close an order. So, let's start!