Stock Order Types Explained: Market, Limit, and Stop Orders

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.