#OrderTypes101

There are several types of trading orders

1_Immediate trading orders

These are trading orders designated for buying and selling, which are executed immediately.

2_Stop Loss Order

In fact, any professional trader calculates the potential loss value before entering any trade, regardless of its type. This is done in case the favorable conditions for making profits change, and he determines the amount of loss that will not have a serious impact on his capital so that he can continue his business activities normally. Therefore, traders must set a maximum loss limit for each trade.

Moreover, the Stop Loss order is a trading order in which the price at which the trade will automatically close in case of incurring a certain loss is determined.