#OrderTypes101

*Types of Orders in Trading*

In trading, there are several types of orders that you can use to buy or sell assets. Here are some of the most common:

1. *Market Orders*: They are executed immediately at the current market price.

2. *Limit Orders*: They are executed only when the price reaches a specific level set by the trader.

3. *Stop Orders*: They become market orders when the price reaches a specific level, designed to limit losses or protect gains.

4. *Stop Limit Orders*: They combine the features of stop and limit orders, executing as a limit order when the stop price is reached.