#OrderTypes101

Order types in trading refer to the different ways you can buy or sell assets, such as stocks, cryptocurrencies, or commodities. Here are some common order types:

- *Market Order*: Buy or sell at the current market price.

- *Limit Order*: Buy or sell at a specific price set by the trader.

- *Stop-Loss Order*: Sell when the price falls to a certain level to limit losses.

- *Stop-Limit Order*: Buy or sell when the price reaches a certain level, but only within a specified price range.

- *Take-Profit Order*: Close a position when the price reaches a certain level to lock in profits.

Each order type serves a specific purpose and can help traders manage risk, maximize profits, or execute trades efficiently. Do you have a specific question about order types or trading?