#OrderTypes101 How do Market, Limit, Stop-Loss, and Take-Profit orders work?

In trading, mastering the types of orders is key.

🟢 Market Order: executes at the current price. Fast, but with no control over the exact price.

🟡 Limit Order: you decide the price. Executes only if the market reaches it.

🔴 Stop-Loss: your shield. Sells automatically if the price drops, to avoid large losses.

🟩 Take-Profit: locks in profits when your target is reached.

Combining them well is what separates the casual trader from the strategic one.