#OrderTypes101 Order types in trading dictate how buy or sell instructions are executed. Common types include Market Orders, executed immediately at the current price, and Limit Orders, executed only at a specified price or better. Stop Orders trigger when a price threshold is reached, often for risk management. Stop-Limit Orders combine stop and limit features, adding precision. Trailing Stop Orders adjust dynamically with market movements, locking in profits or minimizing losses. Advanced types like Fill-or-Kill (immediate execution or cancellation) and Good-Till-Canceled (active until filled or manually canceled) offer flexibility. Each type serves unique strategies, balancing speed, risk, and control.