#OrderTypes101 Here are some common order types used in trading [1]:

- *Market Order*: An instruction to buy or sell a security at the current market price.

- *Limit Order*: An instruction to buy or sell a security at a specific price or better.

- *Stop-Loss Order*: An instruction to sell a security when it falls to a certain price to limit losses.

- *Take-Profit Order*: An instruction to sell a security when it reaches a certain price to lock in profits.

- *Stop-Limit Order*: A combination of a stop-loss order and a limit order.

- *Trailing Stop Order*: An instruction to sell a security when it falls by a certain percentage or amount from its highest price.

- *Fill or Kill (FOK) Order*: An instruction to execute a trade immediately or cancel it if it cannot be filled.

- *All or None (AON) Order*: An instruction to execute a trade only if the entire order can be filled.

- *Day Order*: An instruction to execute a trade during a specific trading day.

- *Good 'Til Canceled (GTC) Order*: An instruction to execute a trade until it is canceled by the trader.

These order types can help traders manage risk, lock in profits, and execute trades efficiently.