#OrderTypes101
#OrderTypes101
Let's explore common order types in trading:
1. Market Order
Executes immediately at the current market price.
2. Limit Order
Executes at a specified price (or better).
3. Stop-Loss Order
Triggers a sale when the price falls to a specified level, limiting losses.
4. Stop-Limit Order
Triggers a limit order when the price reaches a specified level.
5. Take-Profit Order
Closes a position when the price reaches a specified level, locking in profits.
6. Trailing Stop Order
Adjusts the stop-loss price based on market movement.
7. Fill-or-Kill (FOK) Order
Executes immediately or cancels.
8. All-or-None (A