#OrderTypes101 Market Order: Buy/sell immediately at the best available current price. Fastest execution, but price isn't guaranteed (slippage).

* Limit Order: Buy/sell at a specified price or better. Guarantees price, but execution isn't guaranteed if the market doesn't reach your price.

* Stop Order (Stop-Loss): Triggers a market order once a specified "stop price" is reached. Primarily for limiting losses, but susceptible to slippage.

* Stop-Limit Order: Triggers a limit order once a specified "stop price" is reached. Offers more price control than a simple stop order, but execution isn't guaranteed if the limit price isn't met.

* Trailing Stop Order: A dynamic stop order that adjusts automatically as the price moves in your favor, maintaining a set distance. Helps protect profits while allowing for further gains.

* One-Cancels-the-Other (OCO) Order: Combines two orders (e.g., a profit-taking limit order and a stop-loss order) where if one executes, the other is automatically canceled. Useful for simultaneous profit targets and risk management.

* Take-Profit Limit Order: A specific type of limit order designed to automatically sell a position when a predetermined profit target price is reached.$BTC