#OrderTypes101 OrderTypes101 Some of these types:

Market Order. Buying or selling occurs right now at the current price. Suitable for urgent transactions, but there is a risk of slippage.

Limit Order. The trader sets the price at which they want to buy or sell. There is control over the price, but the order may not be executed if the price is not reached.

Stop-Loss Order. Automatic closure of the transaction upon reaching a certain price. Limits losses, but may not always be executed accurately due to volatility.

Take-Profit Order. Locking in profit upon reaching a target. Helps secure profits without emotions.