#OrderTypes101 Order Types in Trading

In trading, order types determine how buy or sell orders are executed. Common types include:

1. *Market Order*: Executes immediately at the best available price.

2. *Limit Order*: Executes at a specified price or better.

3. *Stop Order*: Triggers a market order when a specified price is reached.

4. *Stop-Limit Order*: Triggers a limit order when a specified price is reached.

Key Considerations

- *Risk Management*: Choose order types that align with your trading strategy and risk tolerance.

- *Market Conditions*: Consider market volatility and liquidity when selecting order types.

?