#OrderTypes101 In the world of trading, understanding the different types of orders is crucial for managing risk and optimizing operations. Here is a breakdown of the most common types of orders:

Market Order: A market order is placed to buy or sell a security immediately at the current market price. It guarantees execution but not the exact price.

Limit Order: A limit order allows you to set a specific price at which you want to buy or sell. The order will only be executed if the market price reaches or exceeds your limit price.