#OrderTypes101

Understanding different order types is essential for effective and safe trading. A market order allows you to buy or sell an asset instantly at the best available price. A limit order lets you set a specific price at which you want to trade; the order is only executed if the market reaches that price. A stop-loss order helps limit potential losses by automatically selling your asset if the price drops to a certain level. Additionally, a trailing stop order adjusts automatically with market movement, helping you lock in profits as prices rise. Mastering these order types can significantly improve your trading strategy and risk management