#OrderTyipes101

Order Types 101: Master the Basics

Understanding order types is key to smart trading. The most common types include market orders, which execute immediately at the current price, and limit orders, which set a specific price for buying or selling. Stop-loss orders help manage risk by automatically selling when a price drops to a set level. Stop-limit orders combine stop and limit functions for more control. Trailing stops adjust dynamically with the market to lock in profits. Choosing the right order type can help you manage trades effectively, minimize losses, and maximize gains. Whether you're day trading or investing long-term, knowing how each order works is essential for success. Learn the basics, practice wisely, and trade smarter with confidence.