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Basics
How to get into and out of a trade: now, at a better price, or once price breaks through.
A market order fills immediately at the best price available. A limit order waits for a better price: a buy limit sits below the current price, a sell limit above. A stop order waits for price to move through a level: a buy stop sits above the current price, a sell stop below.
A stop loss is a stop order that closes the trade if price goes against you; a take profit is a limit order that closes it at your target.
For education only, not financial advice.