#OrderTypes101 When trading on the exchange, understanding the different types of orders is a key factor in optimizing profits and minimizing risks. Among them, the Limit order helps you buy/sell at your desired price, ideal when the market is highly volatile. In contrast, the Market order allows immediate matching with the current price, suitable when you need to enter/exit trades quickly. For professional traders, Stop-Limit and Stop-Market orders are powerful tools for managing risk and protecting capital. Whether you are a beginner or have experience, using the right type of order will help you trade more effectively.
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