A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related Brickyard terms
- Market OrderAn instruction to buy or sell an investment right away at the best price currently available.
- Limit OrderAn instruction to buy or sell only at a specific price or better, giving you control over the price you get.
- Stop OrderAn order that turns into a market order once an investment hits a set trigger price, often used to limit losses.
- BrokerA firm or person that carries out your orders to buy and sell investments, often for a fee or commission.
Turn this into a brick
Knowing what Day Order means is knowledge — the first half. A brick gets placed when you act on it.
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Plain-English education — not personalized legal, tax, or investment advice.