#OrderTypes101 Order Types 101 is the introduction to the main types of orders used in trading platforms.

1. Market Order – Instant buy or sell at the best available price in the market. Quick, but can cause slippage.

2. Limit Order – You set the desired price. The order will only be executed when the market reaches that value. Ideal for more control.

3. Stop Order (Stop-Loss) – Activates a market order when the price reaches a certain point, to limit losses.

4. Stop-Limit – Combines stop and limit: when the trigger price is reached, a limit order is placed.

5. OCO (One Cancels the Other) – Combines two orders: one for profit and one for stop. When one is executed, the other is canceled.

Knowing how to use these types helps protect your capital and improve your strategy.