> For the complete documentation index, see [llms.txt](https://docs.sherpa.trade/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.sherpa.trade/sherpa-trade-automation/strategy-lab/types-of-orders.md). # Types of Orders The Strategy Lab supports 3 types of order currently. All 3 of these can be combined together into a single strategy, or multiples of each can be added to strategy: ### Market Order Essentially equivalent to a swap. Configure as you would the standalone *Swap* product. ### Single Limit Order Schedules a trade at some point in the future by setting a condition or set of conditions that must be met before the trade gets executed. Users can place both *normal* limit orders and *stop loss* limit orders. * *Normal Orders* — the standard type of buy order, this is used when the goal is to buy a certain asset below its current market price (most common) * *Stop Loss Orders* — used to buy a certain asset above the current price, for example to hedge from downside volatility that may happen in the future (less common)
### DCA (Multi) Limit Order Scheduling a future sequence of trades at predetermined[ intervals](/sherpa-trade-automation/strategy-lab/intervals.md) by setting a condition or set of conditions that must be met before the trade gets executed. These can be composed of both *normal* limit orders, or *stop loss* orders.