#OrderTypes101

Understanding order types is key to becoming a confident trader. The most common ones are:

Market Order executes immediately at current market price; best for speed.

Limit Order lets you set your own price; it only executes when that price is met.

Stop-Loss Order helps minimize losses by selling if price drops to a certain level.

Take-Profit Order closes a trade when a profit target is reached.Using the right order type protects your capital and helps automate your strategy. New to trading? Start with limit orders to avoid slippage. Mastering order types is essential for risk management and smarter decision-making in any market.