# 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)

<figure><img src="/files/mzMWdbiIK7o82mtrfeon" alt=""><figcaption></figcaption></figure>

### 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.


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