Futures Trading Orders Types Market Limit Stop Review

Futures trading orders are traders orders to futures brokers buying selling futures contracts.

Top 3 types orders futures trading:

• market order is an order to buy or sell futures contracts at current market price
• limit order is an order to buy or sell futures contracts at a certain price or better
• stop order is an order to buy or sell futures contracts after the futures price crosses a certain price ( stop price )

Best futures trading order? depends on purpose:

• to open positions use limit order
• to close positions use stop order
• don't use market order, too risky

Futures trading tips: always create a trading plan before entering orders trading futures.