#OrderTypes101
Understanding different order types is crucial for trading success. Key types include Market Order (buy/sell at current price), Limit Order (buy/sell at specific price), Stop-Loss Order (limit losses), Take-Profit Order (lock in profits), Stop-Limit Order (combines stop-loss and limit), Trailing Stop Order (adjusts stop-loss based on market movement), Fill-or-Kill Order (execute immediately or cancel), and All-or-None Order (execute only if entire quantity can be filled). Mastering these order types helps traders navigate markets effectively, manage risk, and achieve their trading goals 🚀.
