#OrderTypes101 Do you want to trade like a pro? Then you need to understand the basic types of orders:

🔹 Market Order — an order at the current market price. Fast, but not always favorable.

🔹 Limit Order — you set the price yourself. The order will trigger when the market reaches it.

🔹 Stop-Loss — protection against losses. The order will automatically close at the specified price.

🔹 Take-Profit — lock in profits. Automatic sale when the desired price is reached.

🔹 Stop-Limit — a combined order: first a trigger (stop), then a limit.