#OrderTypes101 #TradingBasics

Order types are key tools in trading. A *market order* executes immediately at the available price, while a *limit order* only activates at the desired price. **Stop-loss orders** help limit losses by automatically closing a position if the price falls to a certain level. On the other hand, **take-profit orders** secure profits by setting a favorable closing price. Understanding these types of orders allows for greater control over trades, optimizing entries, exits, and risk management. Master them to improve your strategy in the markets!