#OrderTypes101 Market Order

Buy or sell immediately at the current market price. Like buying a coffee at the store, you pay the current price and get it right away.

Limit Order

Set a specific price to buy or sell. Like saying, "I'll buy that coffee, but only if it's $2 or less."

Stop Loss

Set a price to automatically sell if the market moves against you. Like having an insurance policy to limit losses.

Take Profit

Set a price to automatically sell when you make a profit. Like setting a target price to lock in gains.

These concepts help you manage trades and risk in the markets