#OrderTypes101 If you are starting in the world of trading (whether in crypto, stocks, or forex), understanding the types of orders is key to trading efficiently and protecting your capital. It’s not just about 'buying low and selling high'; knowing how to enter and exit the market makes a big difference.

🟢 Market Order

This is the simplest: you buy or sell at the best price available at that moment. It’s quick, but you don’t control the exact price. Ideal when you need to enter or exit a position immediately.

🔵 Limit Order

Here you decide the exact price at which you want to buy or sell. The order is executed only if the market reaches that level. It’s perfect if you are not in a hurry and are looking to get a better price, although there is no guarantee it will be executed.

🔴 Stop Order (Stop Loss / Stop Order)

Designed to limit losses or protect gains. It activates automatically when the price reaches a specific point. Very useful so you don’t have to monitor the market all day long.

🟠 OCO Order (One Cancels the Other)

Combination of two orders: one for taking profits and another for stop loss. When one is executed, the other is canceled. Ideal for traders who want to automate their strategy.

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Knowing when and how to use each type of order allows you to trade more accurately, reduce risks, and avoid emotional decisions.