#OrderTypes101

When trading, understanding order types is crucial:

1. *Market Order*: Buy or sell at the current market price.

2. *Limit Order*: Buy or sell at a specific price.

3. *Stop-Loss Order*: Sell when the price falls to limit losses.

4. *Take-Profit Order*: Sell when the price reaches a target profit.

Each order type serves a different purpose, helping you manage risk and execute trades effectively. Mastering these can enhance your trading strategy and improve your outcomes. Choose the right order type for your trading goals!