Understanding order types is essential for every trader, whether you're new or experienced. The most basic is the Market Order, which buys or sells immediately at the best available price. Then there's the Limit Order, where you set the price you’re willing to buy or sell at — it gives you more control but may not execute immediately. Stop-Loss and Stop-Limit Orders help you protect your capital by setting conditions to automatically sell a position. Mastering these tools isn’t just smart — it's survival in volatile markets. Learn them, use them, and trade with confidence.