#TradingMistakes101 Order Types 101

In trading, order types determine how your trades are executed. Here are the basics:

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.

Understanding these order types can help you manage risk and execute your trading strategy effectively. Each type serves a different purpose, so choose the one that fits your trading goals. Let me know if you'd like more details!