#OrderTypes101 Market Order: Buy or sell immediately at the current market price. Fast execution, but price isn’t guaranteed.Limit Order: Buy or sell at a specific price or better. Execution isn’t guaranteed if the market doesn’t hit your price.Stop Order (Stop-Loss): Triggers a market order when a specified price is reached, used to limit losses or protect profits.Stop-Limit Order: Combines stop and limit orders; triggers a limit order when a price is hit, but execution depends on the limit price being met.Take-Profit Order: Automatically closes a trade at a predefined profit level.Trailing Stop: A stop order that adjusts with the market price to lock in profits while limiting losses.One-Cancels-the-Other (OCO): Two orders where one cancels the other if executed, combining stop-loss and take-profit.Good-Till-Canceled (GTC): Order remains active until filled or manually canceled.Day Order: Expires at the end of the trading day if not executed.