Stock Trading

  1. Order Types and Execution
    1. Basic Order Types
      1. Market Orders
        1. Immediate Execution
          1. Price Uncertainty
            1. Liquidity Considerations
              1. When to Use
              2. Limit Orders
                1. Price Control
                  1. Execution Risk
                    1. Queue Position
                      1. When to Use
                    2. Advanced Order Types
                      1. Stop Orders
                        1. Stop-Loss Orders
                          1. Stop-Buy Orders
                            1. Trigger Mechanisms
                              1. Slippage Risk
                              2. Stop-Limit Orders
                                1. Two-Price Structure
                                  1. Execution Mechanics
                                    1. Advantages and Disadvantages
                                    2. Trailing Stop Orders
                                      1. Dynamic Stop Adjustment
                                        1. Trailing Amount Setting
                                          1. Market Volatility Impact
                                          2. Bracket Orders
                                            1. Profit Target Integration
                                              1. Stop-Loss Integration
                                                1. One-Cancels-Other (OCO)
                                              2. Order Duration and Conditions
                                                1. Time-in-Force Instructions
                                                  1. Day Orders
                                                    1. Good Till Canceled (GTC)
                                                      1. Immediate or Cancel (IOC)
                                                        1. Fill or Kill (FOK)
                                                          1. Good Till Date (GTD)
                                                          2. Quantity Conditions
                                                            1. All or None (AON)
                                                              1. Minimum Quantity
                                                                1. Hidden Orders
                                                                  1. Iceberg Orders
                                                                2. Order Execution Quality
                                                                  1. Best Execution Requirements
                                                                    1. Price Improvement
                                                                      1. Speed of Execution
                                                                        1. Likelihood of Execution
                                                                          1. Size of Execution
                                                                          2. Market Structure Impact
                                                                            1. Market Fragmentation
                                                                              1. Dark Pool Trading
                                                                                1. High-Frequency Trading Effects
                                                                                2. Execution Venues
                                                                                  1. Exchange Trading
                                                                                    1. Alternative Trading Systems
                                                                                      1. Internalization
                                                                                      2. Order Routing
                                                                                        1. Smart Order Routing
                                                                                          1. Direct Market Access
                                                                                            1. Payment for Order Flow