#OrderTypes101
When trading on the exchange, understanding the types of orders is a key factor in optimizing profits and minimizing risks. Among them, the Limit order helps you buy/sell at your desired price, ideal when the market is highly volatile. In contrast, the Market order allows you to execute immediately at the current price, suitable when you need to enter/exit a position quickly. For professional traders, Stop-Limit and Stop-Market orders are powerful tools for managing risk and protecting capital. Whether you are a newcomer or have experience, using the right type of order will help you trade more effectively.