#OrderTypes101
*Order Types 101 🎓*
🔹 *Market Order* 🚀
Execute immediately at current market price.
🔹 *Limit Order* 🔒
Buy/Sell at specified price (or better).
🔹 *Stop Loss Order* 🛑
Sell when price falls to specified level.
🔹 *Take Profit Order* 📈
Sell when price rises to specified level.
🔹 *Stop Limit Order* 🔄
Combo of stop loss & limit orders.
🔹 *Trailing Stop Order* 🔁
Adjust stop loss as market price moves.
🔹 *Fill or Kill (FOK) Order* 💣
Execute immediately or cancel.
🔹 *Immediate or Cancel (IOC) Order* ⏱️
Execute immediately, cancel unfilled portion.
Which order type will you use today? 🤔