#OrderTypes101 it's the foundation for smart trading! Market orders buy or sell immediately at the current price, perfect for quick action. Limit orders set a target price, ideal for controlling costs. Stop-loss orders protect against sudden drops, triggering a sale if the price plummets. Stop-limit orders combine precision and safety, but watch out for gaps! OCO (One-Cancels-the-Other) orders juggle between two strategies. Each type has its moment: day trading, swing trading, or long-term investment. Understanding these tools is key to maximizing gains and minimizing risks. Ready to dive into trading?