#OrderTypes101 Order types are tools that define how your trade is executed. The most common is a Market Order, where you buy/sell instantly at the current price. Limit Orders let you set a specific price to buy or sell, useful for more control. Stop Orders are used to trigger a trade once a certain price is reached, often used to cut losses. Stop-Limit Orders combine the features of both stop and limit orders. Choosing the right order type helps reduce risks and maximize profits. Understanding these basics is essential for trading smart and staying safe in volatile markets. Always learn and apply the right order for your goal.