#OrderTypes101

Understanding order types is essential for trading success. A market order buys or sells instantly at the current price. It’s fast but may result in slippage. A limit order sets your desired price—you only trade if the market reaches it, offering more control. A stop-loss order helps manage risk by selling a position when the price drops to a set level. A stop-limit order adds precision by combining a stop price and a limit price. Trailing stops follow the market, locking in profits as prices move favorably. Mastering these tools helps traders protect capital, execute smarter trades, and stay disciplined in volatile markets. Choose wisely—every order type has a purpose.