#OrderTypes101
Understanding order types is key to smart trading. The most basic is the **Market Order**, which buys/sells instantly at current prices. A **Limit Order** sets a specific price—you only buy/sell when the market hits it. **Stop Orders** trigger a trade once the price reaches a preset level, perfect for limiting losses. **Stop-Limit Orders** combine both: a trigger price and a limit price. Advanced users may use **Trailing Stops**, which adjust with market movement to lock in profits. Mastering these order types helps manage risk and improve execution. Learn them to trade with precision and confidence!