#OrderTypes101 #OrderTypes101

In trading, understanding order types is key. A market order buys or sells immediately at the best price. A limit order sets a specific price to execute a trade—only if the market reaches it. Stop-loss orders help limit losses by triggering a sale once a price drops to a set level. Stop-limit orders combine stop and limit features for more control. Trailing stops adjust dynamically as price moves favorably. Each type serves different strategies and risk tolerances. Choosing the right one ensures better trade execution and protection. Mastering them is essential for both new and seasoned traders.