#OrderTypes101
In trading and investing, understanding order types is crucial. A market order buys or sells instantly at the current price. A limit order sets a specific price to execute the trade—great for control. A stop order triggers a market order once a set price is reached, useful for limiting losses. A stop-limit order combines both: it triggers a limit order after hitting a stop price. Trailing stops adjust dynamically with the market, locking in profits. Each type suits different goals—speed, price control, or risk management. Knowing when and how to use them helps you trade smarter and stay protected.
