What does placing a limit order or a market order on Robinhood mean?

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𝐅𝐨𝐫 𝐡𝐞𝐥𝐩 𝐰𝐢𝐭𝐡  Robinhood 𝐫𝐞𝐚𝐜𝐡 𝐨𝐮𝐭 at +1-855-998-0737 𝐨𝐮𝐫 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐭𝐞𝐚𝐦 𝐚𝐧𝐲𝐭𝐢𝐦𝐞.+1-855-998-0737 Placing a limit order or a market order on Robinhood means choosing the type of trade you want to execute in the stock market. A market order is when you buy or sell a stock at the best available current price. This order is executed immediately, ensuring you get the trade done as soon as possible. A limit order, on the other hand, allows you to set a specific price at which you want to buy or sell a stock. The order only executes when the stock reaches your set price, giving you more control over the price at which you enter or exit the market.