#OrderTypes101

### **🔄 Types of Orders in Trading (Very Brief)**

1. **Market Order** ⚡

- Buy/Sell **immediately** at the current price.

- ✅ Fast, ❌ the price may not be accurate.

2. **Limit Order** 🎯

- Buy/Sell **at a specific price** (waits until the market reaches it).

- ✅ Price control, ❌ may not execute if the price is not reached.

3. **Stop Order** 🛑

- Becomes a **Market Order** when a certain price is reached (used to limit losses or enter on a breakout).

4. **Stop-Limit Order** 🎢

- A combination of **Stop + Limit** (specifies two prices: activation level and target price).

---

### **When to Use Each?**

- **Want to execute immediately?** → Market Order.

- **Want a specific price?** → Limit Order.

- **Want to protect your balance?** → Stop Loss Order.

📌 **Summary:** Choose the appropriate type according to your strategy! 🚀