#OrderTypes101

When I first got into trading, I assumed placing an order was as simple as hitting "buy" or "sell." But I quickly realized *how* you place your order makes a huge difference. The right order type can protect your capital, improve your entries, and enforce trading discipline.

Here’s what I’ve picked up along the way:

📌 **Market Order**

➡️ Executes immediately at the current market price

✅ Fastest execution

❗️Can result in poor fills during high volatility

📌 **Limit Order**

➡️ You set the price—order fills only if the market reaches it

✅ Useful for better pricing

❗️Might not execute if the market doesn’t move your way

📌 **Stop-Loss Order**

➡️ Triggers a sell if the price drops to a set level

✅ Helps cap potential losses

❗️Place it too close, and you could exit too early

📌 **Take-Profit Order**

➡️ Automatically sells when your target price is hit

✅ Locks in profits without second-guessing

❗️You might miss out on further gains if the rally continues