#OrderTypes101

In the trading world, understanding the types of orders is crucial for managing risk and strategy. A market order executes buy/sell directly at the market price. A limit order allows you to set a specific price, executed only when that price is reached. A stop order activates when the price touches a certain level, useful for cut-loss. The stop-limit combination adds further control. For experienced traders, a trailing stop locks in profits as the price rises. By understanding each type of order, traders can adjust their approach to market volatility, quick execution, or automatic capital protection. Choose the one that fits your strategy!