*Types of Orders in Trading for Beginners*
In trading, orders are instructions to buy or sell assets. There are several types of orders you should know:
- *Market Order*: Immediate execution at the current market price.
- *Limit Order*: Buy or sell at a specific price.
- *Stop Order*: Activation of an order when the price reaches a certain level.
- *Stop-Limit Order*: Combination of stop and limit to control the price.
Understanding these types of orders will help you manage your trades and minimize risks. Remember to research and practice before trading with real money. Practice and patience are key to mastering trading.
always remember to conduct your own study and not to risk too much
