#OrderTypes101
In trading, knowing different order types can improve your strategy and reduce risks. A market order buys or sells instantly at the best available price—fast but less controlled. A limit order lets you set your price, executing only when the market meets it—ideal for precision. A stop-loss order helps manage risk by selling automatically if the price drops to a certain level. A take-profit order locks in gains when your target is reached. Mastering these order types helps traders make smarter, more disciplined decisions in any market condition.
