#OrderTypes101 *📘
Types of Trading Orders in Brief*
🔹 *1. Market Order*
🔁 Immediate execution at the best available price.
✅ Suitable for speed – but the price may change quickly.
🔹 *2. Limit Order*
🎯 You specify the price you want.
✅ Executed only if the desired price or better is reached.
🔹 *3. Stop Order (Stop Loss Order)*
🚨 Activated only when the price reaches a certain point.
✅ Often used to protect capital.
🔹 *4. Stop-Limit Order*
🎯 Combined order: Starts as a "stop" then turns into a "limit".
✅ More precise – but may not be executed in a fast-moving market.
🔹 *5. Trailing Stop*
📈 Moves automatically as the price rises.
✅ Protects your profits and automatically closes the trade upon reversal.
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💡 *Choose the order type according to your strategy and market conditions. Control is more important than rushing!*
