Placing orders for a trade is a fairly simple process, but different trading platforms offer various types of orders. Though the MT4 trading platform is one of the most widely used and an “easy to use” trading platform, the different types of orders may be confusing. In this session, you will learn about the three different types of entry orders – market order, limit order, stop order, and the advantages/drawbacks of each order. Plus, you’ll understand more about stop loss and take profit orders, and how a trader should place a consolidated entry, stop, target (EST) order while calculating the risk/reward ratio.