Understanding order types is key to smarter trading. A Market Order buys or sells immediately at the best available price—fast, but not always precise. A Limit Order sets your desired price, only executing when the market matches it—great for control, but not guaranteed. A Stop Order triggers a market order when a certain price is reached, often used to limit losses. A Stop-Limit Order combines both stop and limit, adding extra control. Mastering these tools helps manage risk and seize opportunities. Know your tools, plan your trades, and trade with confidence!
