#OrderTypes101 Market order (Market) — instant execution at the current market price. Fast, but not always advantageous — the price may change before execution.
Limit order (Limit) — you set the price at which you want to buy or sell. More control, but execution is not guaranteed.
Stop-loss (Stop-loss) — an order that closes a position if the market moves against you. A key tool for controlling losses.
Take-profit (Take-profit) — allows you to lock in profit at a predetermined level.