#OrderTypes101

In trading, understanding Market, Limit, Stop-Loss, and Take-Profit orders is essential. A Market Order buys or sells immediately at the best current price—perfect for fast action but less control. A Limit Order sets a specific price, executing only when the market matches it, ideal for precision. Stop-Loss Orders help cap losses by triggering a sale if the price falls to a certain point. Take-Profit Orders secure gains by closing a position once a profit target is reached. Use Market orders for speed, Limit for control, Stop-Loss for risk management, and Take-Profit to lock in returns. Combining them boosts trading strategy.