#OrderTypes101 **#OrderTypes101: Master Your Trades**
1. **Market Order** – Buy/sell instantly at current price. Fast but may slip.
2. **Limit Order** – Set your price. Fills only if hit (no slippage).
3. **Stop-Loss** – Auto-sells if price drops below X (limits losses).
4. **Take-Profit** – Locks gains at a target price.
5. **OCO (One-Cancels-Other)** – Links stop-loss + take-profit (e.g., “sell at $100 OR if it drops to $90”).
*Pro Tip*: Use limit orders in volatile markets, market orders for quick exits.