> For the complete documentation index, see [llms.txt](https://docs.vibe.trading/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.vibe.trading/trading/order-types.md).

# Order Types

### Market

An order that executes immediately at the current market price.

### Limit

An order that executes at the selected limit price or better.

### Take Profit/Stop Loss (TP/SL)

A TP/SL order closes your position once a specified profit or loss is reached

### Stop Market 

A market order that activates when the price reaches a defined stop level.

* Can be used for breakout trades.
* Also helps to limit losses and lock in profits.

### Stop Limit 

A limit order that activates when the price reaches a defined stop level.

* Similar to Stop Market, but only executes up to a pre-set limit price to ensure favorable entries.

### Scale \[COMING SOON]

Multiple limit orders placed within a specific price range.

* Can distribute orders evenly within the range.
* Can skew orders so more are placed near the starting price.
* Can skew orders so more are placed near the ending price.

### TWAP \[COMING SOON]

A large order broken into smaller sub-orders and executed at set time intervals.

* Each sub-order has a maximum slippage of 3%.