#OrderTypes101 OrderTypes101 – Master the Basics of Trading!

When placing trades, knowing your order types is 🔑 to executing the right strategy at the right time. Here are the most common ones:

🔹 Market Order

➡️ Buys/sells instantly at the best available price. Fast, but no price control.

🔹 Limit Order

➡️ Sets a specific price. Only executes if the market hits your target. Great for precision.

🔹 Stop Order

➡️ Triggers a market order when a certain price is hit. Used to limit losses.

🔹 Stop-Limit Order

➡️ Triggers a limit order at your set stop price. Adds more control but might not fill.

🔹 OCO (One Cancels the Other)

➡️ Combines 2 orders. When one executes, the other is canceled. Smart for planning exits.

👨‍🏫 Understanding these gives you more power, control, and protection in volatile markets.

✅ Which one do you use most?

💬 Drop your go-to order type & why!