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Knowledge Center {{SelectedCategorySection.KnowledgeCenterTypeName\|titleCaptalize}} {{SelectedCategorySection.KnowledgeCenterCategoryName\|titleCaptalize}} {{$index + 1}}. {{CategorySection.Heading\|titleCaptalize}} What’s The Difference Between Market Order & Limit Order? Market orders and limit orders are both orders to buy or sell stock — the main difference between the two is in the way the trades are completed. With a market order, you need to complete the trade as quickly as possible and place the order at a market live price in order to buy or sell a contract/stock. Key Points: Market Order - Place the order at the market live price. Price is not mentioned at the time of placing the order. The order gets executed at the highest quoted price in the market. A limit order is about paying the price you want. Market order type is not advisable always. Limit Order In a limit order, you can pre-plan your order to buy or sell at the desired price. This is where you want to buy a stock but you place a limit on how much you are willing to pay. Go With A Market Order When: The market is down and you want a quick sell and book a profit. Sometimes when you sell, the market price may go down by 50 to 100 points and we may be able to book a good profit. Likewise when there’s high volatility in the market and if you are about to incur a loss in the position you have taken, you can quickly exit from that position by choosing the square-off option in the market and exit. It’s just like the break you apply when a vehicle comes unexpectedly in front of your vehicle. It can be used as an emergency tool. https://youtu.be/OPN8_DWfElw × Name Mobile Number State

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What’s The Difference Between Market Order & Limit Order?

Market orders and limit orders are both orders to buy or sell stock — the main difference between the two is in the way the trades are completed. With a market order, you need to complete the trade as quickly as possible and place the order at a market live price in order to buy or sell a contract/stock.

Key Points:

Market Order - Place the order at the market live price.
Price is not mentioned at the time of placing the order.
The order gets executed at the highest quoted price in the market.
A limit order is about paying the price you want.
Market order type is not advisable always.

Limit Order

In a limit order, you can pre-plan your order to buy or sell at the desired price. This is where you want to buy a stock but you place a limit on how much you are willing to pay.

Go With A Market Order When:

The market is down and you want a quick sell and book a profit. Sometimes when you sell, the market price may go down by 50 to 100 points and we may be able to book a good profit. Likewise when there’s high volatility in the market and if you are about to incur a loss in the position you have taken, you can quickly exit from that position by choosing the square-off option in the market and exit. It’s just like the break you apply when a vehicle comes unexpectedly in front of your vehicle. It can be used as an emergency tool.

https://youtu.be/OPN8_DWfElw