#OrderTypes101

Order types in trading define how you buy or sell assets. The main types include market orders, which execute immediately at the current price, and limit orders, which set a specific price to buy or sell—executing only if that price is reached. Stop orders trigger a market order once a set price is hit, while stop-limit orders trigger a limit order instead. Trailing stop orders adjust with the market to protect profits. Each type serves a purpose based on goals like speed, price control, or risk management. Understanding them helps traders make smarter, more strategic decisions in the market.