Stock Order Types Explained: Market, Limit, and Stop Orders
From Money Lessons with Andrew Temte, PhD, CFA by Andrew Temte
March 21, 2026 · 11 min · Episode 127
About this episode
In this episode, Andrew Temte explains the three fundamental stock order types every investor needs to understand.
In this episode of Money Lessons, Andy breaks down the three fundamental stock order types every investor needs to understand — market orders, limit orders, and stop orders. He explains how each order type works, when to use them, and the tradeoffs between speed, price control, and downside protection. The episode also covers order duration, how brokerages route your trades behind the scenes, and why regulators require brokerages to seek best execution on your behalf. Whether you're placing your first trade or refining your approach, understanding these tools helps you invest with intention. AndrewTemte.com
People in this episode
Host: Andrew Temte
Topics covered
- stock order types
- market orders
- limit orders
- stop orders
- investing strategies
- trade execution
Keywords
- market orders
- limit orders
- stop orders
- trade execution
- investing
- brokerages
- best execution
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