#OrderTypes101

Understanding trading orders is essential for any trader. A Market Order is executed immediately at the best available price, ideal for speed but may be affected by price fluctuations.

A Limit Order is used to set the price at which you want to buy or sell, providing greater control but without a guarantee of execution.

A Stop Order is activated when a certain price is reached, and is used to protect profits or limit losses.

Choosing the right type of order can make a significant difference in your strategy.

Start by understanding them well before executing any trades.