#OrderTypes101

In trading, there are several types of orders that can be used to buy or sell assets. Here are some common ones:

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

2. *Limit Order*: Executes at a specified price or better. It allows traders to set a specific price for buying or selling.

3. *Stop-Loss Order*: Automatically sells a security when it reaches a certain price, helping to limit potential losses.

4. *Take-Profit Order*: Automatically sells a security when it reaches a certain price, securing profits.