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Trading Essentials

20 cards covering order types, stop loss, leverage, margin, position sizing, drawdown, slippage, and every core trading concept. Tap each card to reveal the answer.

Trading Essentials โ€” 20 cards1 / 20
Trading
Market Order
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An order to buy or sell immediately at the best available current price. Guarantees execution but not price. Best for liquid stocks during normal market hours. Avoid on thinly traded stocks or at open/close.

Example

You place a market buy on AAPL at 10am. It fills within milliseconds at the current ask price.

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