#OrderTypes101 types define how traders buy or sell assets. A market order executes instantly at the best available price. A limit order lets you set a specific price at which you want to buy or sell. Stop-loss orders help protect against losses by triggering a sale at a preset level. Take-profit orders secure gains when the price reaches your target. Advanced types include OCO (One Cancels the Other), which combines stop-loss and limit strategies. Knowing order types is vital for risk management and precision in trading, especially in fast-moving markets like crypto or forex.