#OrderTypes101

*#OrderTypes101 – Types of Trading Orders for Beginners*

🔹 *1. Market Order*

✅ Buy or sell immediately at the current price

📌 Best for speed – but the price may change quickly

🔹 *2. Limit Order*

✅ You set the price you want

📌 The trade will only be executed if the market reaches that price

🔹 *3. Stop Order*

✅ Activated only when a certain price is reached

📌 Used to protect yourself from loss

🔹 *4. Stop-Limit Order*

✅ Starts as a stop order and executes as a limit order

📌 More precise, but may not be executed if the market moves quickly

🔹 *5. Trailing Stop*

✅ Moves automatically with the price rise

📌 Preserves your profits and stops the loss automatically

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📚 *Tip*: Use a market order for speed, and limit and stop orders for smart control of your trading.