#OrderTypes101
In trading, there are several types of orders that can be used to buy or sell assets. Here are some common ones:
1. *Market Order*: Executes immediately at the current market price.
2. *Limit Order*: Executes at a specified price or better.
3. *Stop-Loss Order*: Triggers a sale when the price falls to a certain level.
4. *Take-Profit Order*: Closes a position when a certain profit level is reached.
5. *Stop-Limit Order*: Combines elements of stop-loss and limit orders.
These order types help traders manage risk, lock in profits, and execute trades efficiently.
Would you like more details on a specific order type or trading strategy?