#OrderTypes101 #OrderTypes101

In trading, understanding order types is key. A market order buys or sells instantly at the best available price. A limit order sets a specific price—you buy or sell only if that price is met. A stop order triggers a market order once a target price is hit, useful for limiting losses. A stop-limit order combines both: it triggers a limit order at a set price. There are also trailing stops, which follow the market to lock in profits. Each order type serves a purpose—choose wisely based on your strategy and risk tolerance. Knowledge is your trading edge.