#OrderTypes101

**Order Types: How to Trade Properly?**

In trading, different types of orders are used, each of which helps manage risks and efficiently enter the market.

1. **Market Order** – buying or selling at the current price. Fast, but slippage is possible.

2. **Limit Order** – the trade is executed only at the specified price. Allows for controlling the entry price.

3. **Stop Order** – becomes a market order when the specified price is reached. Used to minimize losses (stop-loss) or to secure profits (take-profit).

4. **Stop-Limit** – a combination of stop and limit orders: triggers when the stop price is reached, but is executed at the limit.

The choice of order type depends on the strategy: a market order is suitable for instant trades, while a limit order is best for precise entry. Stop orders help protect capital.