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

# Order Types

Surge supports the following order types:

* Market
* Limit
* Stop Limit

Some order types are also discussed [here](/getting-started/basic-opening-and-closing-trades.md).

All entry levels on trades are adjusted to include fees.

### Market Order

A market order means that you will enter a long (buy) or short (sell) position at the next oracle price once a keeper processes your order.

{% embed url="<https://youtu.be/G75-MOHOabM>" %}

### Limit Order

A limit order has an associated price level. Once the oracle price breaches the limit order level, the keeper will process your long / short order.

Limit orders are typically used to enter trades at better levels than the current prevailing market rate. In this sense they are a bit like a mean-reverting trade.

Example limit orders where BTCUSD is currently 70,000.

* Place a long (buy) order with a limit price at 65,000 (below the current market price)
* Place a short (sell) order with a limit price at 75,000 (above the current market price)

However, it's possible that the price never breaches the limit order level and the trade is not filled.

{% embed url="<https://youtu.be/R9kH7vI9pE4>" %}

### Stop Limit Order

Stop limit orders also have an associated price level but the direction of trade entry is different. They are used to enter a long (short) once the price has risen (fallen) to a certain level. In this sense they are a bit like following a trend in price.

Example stop limit orders where BTCUSD is currently 70,000.

* Place a long (buy) order with a limit price at 72,000 (above the current market price)
* Place a short (sell) order with a limit price at 68,000 (below the current market price)

{% embed url="<https://youtu.be/09hun9sE6Kg>" %}

### Take Profit / Stop Loss

As described [here](/about-surge/order-types/tp-sl-take-profit-and-stop-loss.md), Take Profits and Stop Losses can be added to order types.