#OrderTypes101 Mastering order types is crucial for effective trading. #OrderTypes101 covers market orders, limit orders, stop-limit, and stop-market orders. A market order executes instantly at the best available price, which is fast but may suffer from slippage. A limit order sets the price at which you're willing to buy/sell—great for control, but it might not fill if the market doesn’t hit your price. Stop orders trigger a buy/sell when the price hits a set level—ideal for stop-losses or breakouts. I often use limit orders to enter at strong support/resistance zones and stop-loss orders to manage risk. Knowing when to use each order type can significantly affect your profit/loss outcomes.