#OrderTypes101 — a brief introduction to the main types of orders used on exchanges.

Market Order— instant buying or selling at the current market price. Fast and simple, but slippage may occur.

Limit Order — allows you to set a specific price at which you are willing to buy or sell. It is executed only when that price is reached.

Stop Order — becomes a market order when the specified price (stop price) is reached.

Stop-Limit Order — triggers at the stop price but is executed as a limit order.

Trailing Stop — automatic following of the price with a specified offset.

Understanding these orders is important for precise entry, exit, and risk management. Master the basics — and trade wisely.