Leverage allows traders to control a larger position with a smaller amount of capital. It amplifies both profits and losses, so it's essential to use it with caution.

Market Order: A market order is an order to buy or sell an asset at the current market price. It executes immediately but does not guarantee a specific price.
Limit Order: A limit order is an order to buy or sell an asset at a specified price or better. It may not execute immediately but offers price control.

Traders can manage risk by setting stop-loss orders, diversifying their portfolios, and allocating only a portion of their capital to each trade.

Technical analysis involves analyzing historical price and volume data to make trading decisions. It uses charts, patterns, and technical indicators to forecast future price movements.