#OrderTypes101 Order types are essential tools for managing risk and planning trades. A market order executes instantly at the current price, perfect for quick entries or exits. A limit order sets a specific price, which executes only when the market reaches that level—ideal for better control. Stop-limit and stop-market orders are used to limit losses or lock in profits. For example, you can set a stop-loss to automatically sell if the price drops below a set point. Understanding these order types helps improve your trading strategy and minimize emotional decisions. Mastering them is key for every trader. #OrderTypes101