#OrderTypes101 Market order: Immediate buy or sell at the best available price.

✅ Quick execution

❌ No control over the exact price

Limit order: Buy or sell at a specific price or better.

✅ Control over the price

❌ Does not guarantee execution

Stop order (or stop-loss): A market order is activated upon reaching a specific price.

✅ Limits losses or secures profits

❌ May execute at a worse price in volatile markets

Stop-limit order: Combines stop and limit. When activated, it triggers a limit order.

✅ More control than a simple stop

❌ Risk of not executing if the price moves quickly

OCO order (One Cancels the Other): Two orders; if one executes, the other is canceled.

✅ Useful for profit-taking or stop-loss scenarios

❌ More complex to set up