GUMRAI ACADEMY/Orders, costs, and leverage/DAY 5

beginner · DAY 05

Market, limit, stop, and stop-limit orders

10 minutes

Video lesson in production

The player will open after the article and sources pass review.

LESSON NOTES

What this lesson covers

Choose orders by intended price location instead of memorizing names.

01

Choose market, limit, and stop orders correctly.

02

Estimate spread, commission, swap, and slippage.

03

Explain leverage and margin without confusing them with risk.

Hands-on exercise

Apply the lesson in Market Watch; this is not a quiz.

Place one demo example of each main pending-order type.

Review questions

Answer first, then open the explanation.

  1. 1Explain “Market, limit, stop, and stop-limit orders” in your own words.View answer
    Answer: A good answer should define the core idea, give one relevant example, and state at least one limitation.
  2. 2Give one chart or platform example where this lesson matters.View answer
    Answer: Use a concrete symbol, timeframe, or platform action and explain how it changes a trading decision.
  3. 3Name one condition where the idea should not be used by itself.View answer
    Answer: State one missing confirmation, data limitation, or risk condition that would require an additional check.
Complete the exercise and review the answers before marking this lesson complete.
Education only. Trading involves risk; use a demo account while learning.