#OrderTypes101 Different order types in trading help manage risk and execute strategies better. The most common ones are market orders, limit orders, and stop-limit orders. A market order executes instantly at the current market price. A limit order sets a specific price at which you want to buy or sell. A stop-limit order combines both and is triggered when the asset hits a certain price. Knowing how to use each order type is important for effective trading and minimizing losses. Beginners should practice using limit orders first. #OrderTypes101