#OrderTypes101 **#OrderTypes101** covers the basic types of orders used in trading to buy or sell assets. The most common is a **market order**, which executes immediately at the current price. A **limit order** lets you set a specific price—your trade only happens if the market hits that price. **Stop-loss orders** help manage risk by automatically selling when the price drops to a set level. **Stop-limit orders** combine stop and limit features for more control. **Trailing stops** adjust with price movements to lock in profits. Understanding these order types is essential for managing trades effectively, reducing risk, and maximizing potential returns.