#OrderTypes101

Order types are crucial tools for any trader. Market orders are executed instantly at the current market price. Limit orders allow you to set a specific price at which you want to buy or sell, which helps avoid slippage. Stop-loss orders help you protect your funds by triggering a sale when the price drops to a certain level. Take-profit orders lock in profits when your target is hit. Understanding these order types helps you trade smarter and manage risk. Never enter a trade blindly—use the right order type to match your trading plan and avoid emotional decisions.