#OrderTypes101
Let's break down common order types:
1. *Market Order*: Buy or sell at the current market price.
2. *Limit Order*: Buy or sell at a specified price or better.
3. *Stop-Loss Order*: Sell when the price falls to a certain level, limiting losses.
4. *Take-Profit Order*: Sell when the price reaches a certain level, securing profits.
5. *Stop-Limit Order*: Combination of stop-loss and limit orders.
These order types help traders manage risk, automate strategies, and optimize entry/exit points.
Which order type would you like more information on?
