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Types of Orders

Market Order: Order placed at current market rate.

Limit Order: Order can only be executed at the limit price or lower for buy order.

Stop Loss Order: Order to buy or sell a stock once the price of the stock reaches a specified price.

Market If Touched Order: Order which is executed as a market order when a pre-specified price is reached.

Discretionary Order: Market order whose execution may be delayed at the broker's discretion.

Time-of-Day Order: Order which is executed at a particular period of day.

Open Order: Order which is in effect until executed or until the end of the trading.

Fill-or-Kill Order: Order that must be executed immediately or not at all

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