#OrderTypes101 In trading, there are several order types that allow traders to execute their strategies effectively. The most common types include:

- *Market Order*: Executes immediately at the current market price.

- *Limit Order*: Executes at a specified price set by the trader.

- *Stop-Loss Order*: Automatically sells a security when it falls to a certain price to limit losses.

- *Take-Profit Order*: Automatically sells a security when it reaches a certain price to lock in profits.

These order types help traders manage risk, capitalize on opportunities, and automate their trading strategies.