#OrderTypes101 Order Types 101 (in 100 Words)

In trading, understanding order types is essential. A market order buys or sells immediately at the best available price. A limit order sets a specific price for buying or selling, executing only when that price is met. A stop order triggers a market order once a certain price is reached, helping limit losses. A stop-limit order combines both stop and limit rules. Trailing stops follow market price by a set percentage or amount. Each order type offers different levels of control, speed, and risk management. Choosing the right one depends on your strategy and market conditions.