#OrderTypes101 There are various order types to buy or sell assets in trading. A market order executes immediately at the current price. A limit order sets a specific price for buying or selling—only executing if that price is reached. A stop order triggers a market order once a certain price (the stop price) is hit. A stop-limit order is similar but triggers a limit order instead. Trailing stop orders automatically adjust the stop price as the market moves in your favor. Using these order types lets you manage risk and control your entry or exit prices more effectively.