#OrderTypes101

In trading, there are several types of orders you can use to buy or sell assets. Some of the most common are:

- *Market Order*: executes the order at the current market price.

- *Limit Order*: executes the order at a specific price set by the trader.

- *Stop-Loss Order*: sells an asset when it reaches a certain price to limit losses.

- *Take-Profit Order*: sells an asset when it reaches a certain price to secure profits.

Each type of order has its own characteristics and benefits. Understanding them will help you trade more effectively.