Basic Order Types: Rapid Fire

What this video covers

• Why a market order guarantees a fill, not a price, and why even market with protection never locks in a specific price
• What a resting stop order becomes when triggered, and why it inherits the same fill-not-price trait from its market-order transformation
• How a stop-limit order differs from a plain stop at the trigger moment, and the exact risk of no fill if the market gaps past the limit
• Where a Market-if-Touched (MIT) order sits relative to the market, why it is the offensive mirror of a defensive stop, and what it becomes once touched
• How the central limit order book (CLOB) matches orders by price-time priority, and why size never jumps the queue
• Who triggers a native stop versus a synthetic stop, and why the becomes-a-market-order mechanics are identical either way
• The signature exam trap: why a buy order below the market is an MIT but a sell order below the market is a stop, despite identical placement