#OrderTypes101 — Master the Market Like a Pro
🔹 Market Order
I want it now and immediately!
You buy/sell at the best available price. Fast, but there may be slippage.
🔹 Limit Order
I want it at my price!
You set the buying/selling price yourself. You wait for the market to reach it. Not always executed.
🔹 Stop-Loss Order
I want to exit gracefully!
Automatically sells the asset if the price drops to a specified level. Protects from significant losses.
🔹 Take-Profit Order
I want to lock in profits!
Closes the trade when the price reaches the desired profit. Without emotions and greed.
⛔ Don't know the orders - pay the market.
🎯 Know the orders - the market pays you.
