All Order Types at a Glance

• Limit Order

  Trade only at your price or better

  Best For: When the price matters more than speed

• Market at Best

  Trade now at the best available price

  Best For: When getting the trade done matters more than the exact price

• Stop Loss

  Sell if the price falls to your level

  Best For: Limiting a loss on shares you hold

• Take Profit

  Sell if the price rises to your target

  Best For: Taking a gain at a price you picked in advance

• Pre-Market Order

  Place it before trading opens

  Best For: Being ready at the start of the day

• Good Till Date

  Keep an order active until a date

  Best For: Orders you do not want to re-enter every day

How to Choose

1. 1

   Price or Speed?

   If the exact price matters, use a Limit order. If getting the trade done now matters more, use Market at Best.

2. 2

   Protect or Take a Gain?

   To plan a sale in advance, Stop Loss reacts to a fall and Take Profit reacts to a rise. Both are instructions you set before the price moves.

3. 3

   Today or Later?

   Orders last for the day unless you add Good Till Date. Pre-Market lets you place an order before the market opens.

Example: you own a share bought at ৳100 and want to limit the loss. You choose Stop Loss and set the level at ৳95, so a sell instruction is triggered if the price falls to that level.

Order Type Questions

What is the difference between a Limit order and Market at Best?

A Limit order fixes your price but may not fill. Market at Best trades now at the best available price, but the price can differ from the one you saw.

What is a Stop Loss order?

A Stop Loss is a sell instruction that is triggered if the price falls to the level you choose, to limit a loss. It is not a guarantee, because the price can fall past your level.

What is a Take Profit order?

A Take Profit is a sell instruction that is triggered if the price rises to the level you choose, so you can take a gain without watching the screen.

What does Good Till Date mean?

It keeps an order active until the date you choose instead of only for today. You can still modify or cancel it before then.

What is a Pre-Market order?

An order you place before the market opens so it is ready when trading starts.

Can I change or cancel an order?

Yes. QuickTrade Pro lets you modify or cancel an order that has not been fully filled.

What is Market Depth?

A view of the buy and sell orders waiting at different prices. It helps you judge how easily a share trades and at what price.

When can I trade?

The Dhaka Stock Exchange trades Sunday to Thursday, 10:00 am to 2:10 pm. QuickTrade Pro is available around the clock, but trades happen when the exchange is open.

Quick Glossary

Order

Your instruction to buy or sell a number of shares.

Limit Price

The price you set. A buy fills at it or lower, a sell at it or higher.

Market Depth

The buy and sell orders waiting at different prices for a share.

Filled

An order that has traded. It can fill in full or in part.

Trigger

The price level at which a Stop Loss or Take Profit instruction is activated.