#OrderTypes101

Here's a concise overview of essential stock order types (100 words):

📈 **Market Order:** Buys/sells immediately at the best available current price. Fast execution, but price isn't guaranteed, especially in volatile markets.

🎯 **Limit Order:** Sets the maximum price you'll pay to buy or the minimum you'll accept to sell. Guarantees price (if executed), but execution isn't guaranteed if the price isn't reached.

🛡️ **Stop Order (Stop-Loss):** Becomes a market order *only after* a specified "stop price" is hit. Used to limit losses (e.g., sell if price falls to $90) or enter trends (buy if price rises to $110). Price not guaranteed after trigger.

🔒 **Stop-Limit Order:** Combines stop and limit. After the stop price is hit, it becomes a limit order, guaranteeing price *if filled*, but adds risk of non-execution.

**Key:** Market = Speed, Limit = Price Control, Stop = Activation Trigger.