#OrderTypes101 Order types are the instructions given by traders when buying or selling assets in the market. The main types include market order (immediate execution at the market price), limit order (execution at a specific price or better), and stop order (order activates when the price reaches a certain level). There are also variations such as stop-limit and trailing stop. Understanding order types helps traders control risk, manage execution, and maximize strategy. The choice of the right order depends on trading goals, market volatility, and tolerance for slippage and execution.