$USDC #OrderType101: Understanding Trading Orders

In trading, order types help manage risk and maximize profits. Here are the basics:

- *Market Order*: Buy or sell at current market price.

- *Limit Order*: Buy or sell at specified price or better.

- *Stop-Loss Order*: Sell when price falls below set level to limit losses.

- *Take-Profit Order*: Sell when price reaches set level to lock in profits.

- *Stop-Limit Order*: Combination of stop-loss and limit orders.

Mastering order types can help you navigate markets with confidence.