Execution
Execution

Lesson 27 : Order Types

Lesson 27 : Order Types

Lesson 27 : Order Types

Beginner

Beginner

Beginner

1 min

1 min

1 min

Market vs Limit Order

Market vs Limit Order

Market vs Limit Order

Market orders are generally favored over limit orders, as it is preferable to sacrifice a few ticks to secure entry rather than miss an entire trade by waiting for a perfect fill. As long as the setup provides at least 2R to the target, a market order is the preferred choice.

Market orders are generally favored over limit orders, as it is preferable to sacrifice a few ticks to secure entry rather than miss an entire trade by waiting for a perfect fill. As long as the setup provides at least 2R to the target, a market order is the preferred choice.

Market orders are generally favored over limit orders, as it is preferable to sacrifice a few ticks to secure entry rather than miss an entire trade by waiting for a perfect fill. As long as the setup provides at least 2R to the target, a market order is the preferred choice.

The scenario where a market order will not be taken is when the setup does not provide at least 2R to the target. As shown below, a market order entry on the formation of the opposing candles does not reach 2R. In this case, a limit order is used instead, with the target and stop loss predefined and adjusted until the setup meets the 2R requirement.

The scenario where a market order will not be taken is when the setup does not provide at least 2R to the target. As shown below, a market order entry on the formation of the opposing candles does not reach 2R. In this case, a limit order is used instead, with the target and stop loss predefined and adjusted until the setup meets the 2R requirement.

The scenario where a market order will not be taken is when the setup does not provide at least 2R to the target. As shown below, a market order entry on the formation of the opposing candles does not reach 2R. In this case, a limit order is used instead, with the target and stop loss predefined and adjusted until the setup meets the 2R requirement.

The standard for trading education and guidance

2025 The Market Lens - All Rights Reserved

The standard for trading education and guidance

2025 The Market Lens - All Rights Reserved

The standard for trading education and guidance

2025 The Market Lens - All Rights Reserved