#OrderTypes101

1. Market Order

Buy or sell a security at the current market price.

2. Limit Order

Buy or sell a security at a specific price (limit price) or better.

3. Stop-Loss Order

Sell a security when it falls to a certain price (stop price) to limit losses.

4. Stop-Limit Order

Buy or sell a security when it reaches a certain price (stop price), then execute at a specific price (limit price) or better.

5. Take-Profit Order

Close a position when a security reaches a certain price (take-profit price) to lock in profits