#OrderTypes101
Knowing your order types is crucial in trading. A market order buys or sells instantly at the best available price—fast, but less control. A limit order sets your price—only executes when the market hits it, offering precision. A stop-loss order helps minimize losses by triggering a sale at a set price. Stop-limit orders combine both stop and limit features for more control. For advanced users, trailing stops follow market movements to lock in profits. Choosing the right order type can protect your capital, manage risk, and improve your trading strategy. Learn them, use them wisely.