What it means
A market order is used when the trader wants to enter or exit immediately at the best available prices.
What to watch
Fast execution can come with slippage, especially in volatile or thin markets.
Where traders usually run into this
Market Order is most useful once it is tied to a concrete page, chart decision, or workflow question.
- Slippage keeps this term attached to a real glossary instead of leaving it as standalone jargon.
- Limit Order keeps this term attached to a real glossary instead of leaving it as standalone jargon.
- Stop Order keeps this term attached to a real glossary instead of leaving it as standalone jargon.
Best next page if this term is blocking you
If you understand the definition but still do not know what to do with it, start with Slippage. That page is the fastest way to see how market order shows up in a real glossary workflow.
Slippage Glossary