#OrderTypes101 Want to take your trading to the next level? Let's dive into the main order types:
*Market Order*: Buy or sell immediately at current market price.
*Limit Order*: Buy or sell at a specified price or better.
*Stop-Loss Order*: Sell when price falls below a set level to limit losses.
*Take-Profit Order*: Sell when price reaches a set level to secure profits.
*Stop-Limit Order*: Combination of stop-loss and limit order.
*Fill-or-Kill (FOK) Order*: Execute immediately or cancel.
*Good-Till-Canceled (GTC) Order*: Remain active until executed or manually canceled.
Which order type is your go-to? Share your trading strategies!