#OrderTypes101 OrderTypes101 refers to the types of orders in stock trading and financial markets. Below are some common types of orders:

Market Order: Executed immediately at the current market price. This order ensures that your transaction is completed quickly but does not guarantee a specific price.

Limit Order: Specifies a maximum price (for buy orders) or a minimum price (for sell orders) at which you are willing to execute a transaction. This order protects you from buying or selling at an undesirable price.

Stop-Loss Order: Set to minimize losses by specifying a price below which you are willing to sell securities to prevent larger losses.

Pending Order: Placed in advance to execute a transaction when a specific condition occurs, such as the price reaching a certain level.

These types of orders help you control and manage your trading strategy effectively, optimizing risk and profit according to your intentions. Depending on your investment goals and market conditions, you can choose the type of order that best suits each specific transaction.