#TradingTypes101 *Trade Types 101: A Beginner's Guide*

*1. Market Order*: Buy or sell a security at the current market price.

*2. Limit Order*: Buy or sell a security at a specified price or better.

*3. Stop-Loss Order*: Sell a security when it falls to a certain price to limit losses.

*4. Stop-Limit Order*: Combination of stop-loss and limit orders.

*5. Day Order*: Expires if not executed by the end of the trading day.

*6. GTC (Good 'Til Canceled) Order*: Remains active until executed or canceled.

*7. Scalping*: Making multiple small trades to take advantage of small price movements.

*8. Swing Trading*: Holding positions for a few days to weeks to capture price swings.

*9. Long-Term Investing*: Holding positions for months or years.

*Which trade type is right for you?*