Understanding order types is key to effective trading.

A market order executes immediately at the current price, ideal for quick trades but risky during volatility.

Limit orders let you set a specific price to buy or sell, ensuring control but may not fill if the market doesn’t reach your price.

Stop-loss orders protect against losses by selling when an asset hits a preset price.

Trailing stop orders adjust with the market, locking in profits while limiting downside. Each order type serves a purpose depending on your strategy and market conditions. #OrderTypes101