Even limit orders may serve the exact purposes that you are looking for, I would like to be cautious against ever changing market conditions so that you may not get trapped by all of sudden volatility. When you are placing orders market may seem like in your favour but when you move away from the market then anything could happen which might lead you to lose your capital.
If you are preferring to trade with the help of limit orders and then you must choose non-news hours as market may not show much volatility in such hours. Still, wild fluctuations may happen at any time hence placing stop-loss order at the time of placing entry order is also most mandatory one to secure your capital.
Limit order "could" work for your favor, but it is not working when you are selling while it is going down. If you ever put a limit order under what the current price is, then the order will be executed right away, that is why limit order doesn't work with future caution. You need to basically use limit order to buy lower, sell higher without you being there, and on top of that use stop loss to sell when it goes under a certain level to get out when you are not there. Stop order is basically insurance, are you in profit? Great then you should put a stop order above the profit limit so that even if it goes down then you will sell with a profit and get out.