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#OrderTypes101 Order types are instructions to buy or sell a security at a specific price or under certain conditions. Here are some common order types: 1. *Market Order*: Buy or sell a security at the current market price. 2. *Limit Order*: Buy or sell a security at a specific price (limit price) or better. 3. *Stop-Loss Order*: Sell a security when it falls to a certain price (stop price) to limit losses. 4. *Stop-Limit Order*: Combination of stop-loss and limit orders, executing a limit order when the stop price is reached. 5. *Take-Profit Order*: Close a position when a certain profit level is reached. 6. *Trailing Stop Order*: Adjusts the stop price according to a specified percentage or dollar amount as the market price moves. These order types help traders manage risk, lock in profits, and automate their trading strategies. Would you like more information on a specific order type or trading strategy
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