A market order and limit order are two different types of stock market trading orders that most brokers & online trading apps offer. When you attempt to trade stock, you may choose between these types of orders.
A market order allows you to buy or sell a stock at the current market price. Your order will be executed right away.
A limit order allows you to buy or sell a stock at a certain limit price. This type of order is useful for dip buying or maximizing the amount you sell a stock for.