#OrderTypes101
The **types of orders** are instructions given to buy or sell a financial asset, such as a stock or cryptocurrency, under specific conditions. Here are the main types:
- **Market Order**: Executed immediately at the best available price.
- **Limit Order**: Executed only if the price reaches a level set by the investor.
- **Stop Order** (or stop-loss): Becomes a market order when a certain price is reached, useful for limiting losses.
- **Stop-Limit Order**: Like a stop order, but with a defined price limit to avoid execution at an unfavorable price.
- **Trigger Order**: Executed only when certain predefined conditions are met.
- **All or None (AON)**: Executed entirely or not at all.
- **Iceberg Order**: Hides part of the total quantity to be sold or bought to limit market impact.