4 Stock Order Types You Need to Know

There’s a ton of order types and it’s easy to get confused. In Tim Bohen’s opinion, you want to keep things as simple as possible. Tune in as he breaks down the four stock orders you need to know.



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Some stocks are volatile — like low float runners. And once they start moving, they can move fast and things can get ugly. That’s where certain stock orders can potentially help you.

Let’s start with the number-one order you should never use…

Market orders. A lot of new traders use these because they suffer from FOMO (fear of missing out).

They use market orders because they can’t wait for a good fill — they just want in. They don’t care that they’re risking getting hosed by brokers and algos. So even if you are a newbie trader, don’t trade like one. Don’t throw your money away chasing stocks!

This next order type is the one you really want to focus on. Always use a limit order! What is it and how can you use it? Tune in for Bohen’s in-depth explanation of limit orders and why you would want to use them.

Bohen loves the next one on this list … the stop-limit order. Tune in to find what’s great about this order and which kinds of traders may want to use it.

Then, of course, we have the stop-loss order. Discover how this order can help you protect your account any time you need to step away from the computer, especially while trading these volatile low float runners.

That’s the quick lowdown ... Now, watch the video to learn about these orders and how to use them.


#StockMarket #Trading #Stocks
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*Tim Bohen teaches skills others have used to make money. Most who receive free or paid content will make little or no money because they will not apply the skills being taught. Any results displayed may be exceptional. We do not guarantee any outcome regarding your earnings or income as the factors that impact such results are numerous and uncontrollable.

You can lose money trading stocks. Do not invest money you cannot afford to lose. You understand and agree you will consider the important risk factors in deciding to purchase any of our products or services.

[Stockstotrade]

Have you had a bad experience with a market order? Drop a comment and let us know!

[antonwilson]

Thank you for your time TIM, EVERY SINGLE

[bradwatson]

Thank you Tim and the Steady Trade Team. I am working on watching every video you have created to become a better trader!

[maybelater]

Great educational video and thanks for sharing this with me.

[JLGolf]

For the stop loss limit order, the downside is it can jump your price and not fill you and continue much lower giving you a much larger loss than if you would have gotten some slippage from a market stop loss.Would you agree with that?

[andyholloman]

..great stuff, really needed a simple explanation of these order types as a 8 mo. newbie...mucho gracias

[koraykaplanmbacc]

Very informative, you did it again👏👏👏👏Thanks a lot for your time and effort. As I always, you are the man!!!

[angelicaaguilar]

This video was supper informative. Thanks for explaining it. Braking downs the hows, whys and when’s to use the different type of orders was eye opening for me as only been studying this for 3m

[cristiwamsley]

Thanks Tim.... I heard this last year but came back to it because Ive been doing it wrong and it kept playing in my head. You, Sykes and your Team kill it with the best information and teachings ❤️
Really can't thank you enough 💯

[FAFash-woyg]

This was great 👌. Thanks so much Tim. One question?: What if I don't know my TP exit price? I can't set my exit price in this case.

[thetallgivingtree]

Good Morning! I love the platform! It's seriously so much fun to use! I would like to implement putting in a couple orders at one time, like you mentioned in the video. I am a little confused on which box is for the stop and which is for the limit. Starting for the right you have the number of shares and then I select STPL. Then 2 boxes appear to the right. Is the first one Limit price and the second the Stop Loss? TY and have a great weekend.

[eversunnyguy]

Great tips...But I think you missed trailing stop loss ? 🙂

[PennyCrack]

Hello!!! How can I put Stop Loss order attached to my STop Limit order?..Or I only can add my stopp loss order once I get filled? Many thanks!!!

[finenes]

I'm on the STT platform, and learning to use it with the paper trading. Where is the "stop-limit" or "stop-loss" in the "order" box? Is there a place to do "bracket" orders on the platform? I only see STP, LMT, or MKT for options to choose from in the "order" box. Can someone help me with understanding all of that on the actual platform, please?

[fernandoguerra]

Thanks Tim, i liked this good ideas.. we have to fight and protect every dollar...

[angelacain]

How do I create a stop limit order and a stop loss order on the STT platform

[THEWARISWITHIN]

Those chasing the gaps up especially the ones that explode after being halted I prefer the market order, and obviously when the drop in comes fast! All have their uses...

[X-Trader]

MKT orders arent bad in most cases though. Assuming you have a decent broker such as Tradestation, IBKR or Lightspeed, your fills will be 99% great.