#OrderTypes101 Order types are a trader's best friend when used wisely! Market orders are executed immediately at the current price—perfect for quick entries but risky during volatility. Limit orders allow you to set a specific price, ensuring you only buy or sell when the market reaches your target. I often use stop-loss orders to protect against significant losses; they automatically sell if the price drops to a certain level. There are also stop-limit orders, which combine the features of stop and limit for more control. Understanding these tools helps manage risk and optimize trading. Which order type do you rely on the most?
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