#OrderTypes101

**#OrderTypes101**

Understanding order types is key to trading effectively:

1. **Market Order**: Executes immediately at current price. Fast but no price control.

2. **Limit Order**: Sets max/min price for buying/selling. Guarantees price but not execution.

3. **Stop Order**: Triggers a market order when a price is hit. Helps limit losses (stop-loss) or lock in gains (take-profit).

4. **Stop-Limit**: Combines stop and limit orders. Triggers a limit order at a set price.

Choose wisely based on strategy, volatility, and goals. Each type balances speed, price, and certainty. #TradingBasics