#OrderTypes101 Order Type 101: Understanding the Basics

Order Type 101 provides a foundational understanding of different order types used in trading and commerce. Whether you're dealing with stocks, cryptocurrencies, or e-commerce platforms, knowing how orders work is essential. Common types include market orders, limit orders, and stop orders—each serving a different purpose based on timing, price, and strategy. This guide breaks down the essential concepts to help beginners make informed decisions and reduce risks. By understanding when and how to use each order type, users can improve efficiency and optimize results. Mastering these basics is the first step toward building confidence and developing smarter strategies in any trading environment.