Order Types
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      What is a Limit Order?

      A limit order is an order where the price is chosen ahead of time, and the order will be executed when the current market price reaches the limit price. 
      • Advantage:
        • Price. If the current market price reaches the limit price and filled the order is guaranteed to be filled at the limit price or better.
        • Speed and Execution. Orders are executed almost immediately, and execution is guaranteed.
      • Disadvantage:
        • Price. Market orders do not have a price parameter, therefore they may not be filled at the originally targeted price.