#OrderTypes101 Understanding order types is essential in trading. A market order is the simplest—it buys or sells immediately at the current market price. A limit order allows you to set a specific price to buy or sell; it only executes when the market hits that price. A stop-loss order is used to automatically sell an asset if it drops to a certain level, helping you manage risk and minimize loss. There are also advanced types like stop-limit and trailing stop orders. Knowing how to use each order type correctly can greatly improve your trading strategy.

#OrderTypes101