Types of Orders in Trading (Order Types) are tools used by traders to specify how their trades are executed. The two main types are: Market Order, which is executed immediately at the best available price, and Limit Order, which is executed only at a specified price or better. There is also a Stop Order, which becomes a Market Order after reaching a certain price, and a Stop-Loss Order to protect capital from significant losses. Some platforms offer Conditional Orders, such as OCO (One Cancels Other). Understanding the types of orders helps in managing risk and improving profit opportunities. Each type has its features and uses, and traders should choose the one that best fits their strategy and market conditions.