#OrderTypes101

Here are some common types of order types used in trading:

1. *Market Order*: Buying or selling an asset at the current market price.

2. *Limit Order*: Buying or selling an asset at a specific price that has been set.

3. *Stop Order*: Buying or selling an asset when the price reaches a certain level.

4. *Stop-Limit Order*: A combination of stop order and limit order.

5. *Take-Profit Order*: Selling an asset when the price reaches a certain level to take profit.

6. *Stop-Loss Order*: Selling an asset when the price drops to a certain level to limit losses.

Each type of order has its advantages and disadvantages, and can be used in different trading strategies.