#OrderTypes101 there are several types of orders, each with a purpose, the most common are market orders, limit orders, and stop orders. Market orders are executed at the current price, limit orders are executed at a specific price or better, and stop orders are activated when the predetermined price is reached.

Other types of orders:

Iceberg order

One day order

Gtc order

Reduction only order

These orders allow traders to manage risk and protect profits and take advantage of market opportunities.