#OrderTypes101 When trading on the exchange, understanding the types of orders is a key factor in optimizing profits and minimizing risks. Among them, a Limit order allows you to buy/sell at your desired price, ideal when the market is highly volatile. In contrast, a Market order allows for immediate execution at the current price, suitable when you need to enter/exit a position quickly. For professional traders, Stop-Limit and Stop-Market orders are powerful tools for risk management and capital protection. Whether you are a beginner or experienced, using the correct type of order will help make your trading more effective.