#OrderTypes101 Here's a concise 100-word overview of **#OrderTypes101**:
**#OrderTypes101 is your crash course in trading instructions!** It covers the essential tools investors use to buy and sell assets like stocks or crypto. Learn the core types:
1. **Market Order:** Execute immediately at the current best available price (prioritizes speed over price).
2. **Limit Order:** Set your exact desired price (or better). Only executes if the market reaches that price (prioritizes price control over certainty of execution).
3. **Stop Order (Stop-Loss):** Triggers a market order *once* a specified price is hit, used to limit losses or enter trends.
4. **Trailing Stop:** A dynamic stop order that follows the price at a set distance (dollar or percentage), locking in profits as the price rises.
Understanding these fundamentals is crucial for executing your trading strategy effectively and managing risk. #OrderTypes101 provides the building blocks!