#OrderTypes101 🚀 **Order Types 101: Mastering Trade Execution** 🚀

Understanding different order types is essential for effective trading. Here are the key types:

#### 🔥 **Market Order**

- Executes immediately at the current market price.

- Ideal for quick trades but may experience slippage.

#### 🌟 **Limit Order**

- Executes only at a specified price or better.

- Helps control entry and exit points but may not fill instantly.

#### 🤖 **Stop-Loss Order**

- Triggers a sell when the price hits a predetermined level.

- Protects against excessive losses in volatile markets.

#### ⚡ **Trailing Stop Order**

- Adjusts dynamically as the price moves favorably.

- Locks in profits while minimizing downside risk.

Choosing the right order type enhances strategy and risk management! 🚀