#OrderTypes101 New to trading? Let’s break down the main order types you NEED to know 👇
🔹 Market Order
✅ Buys/sells instantly at best available price
⚡ Fast execution
❌ No price control
🔹 Limit Order
✅ Set your own price
💰 Better control over entry/exit
❌ May not fill if price isn’t reached
🔹 Stop Order
🛑 Triggers a market order when price hits a level
🎯 Used to limit losses or catch breakouts
🔹 Stop-Limit Order
🔄 Triggers a limit order after stop price hits
🎯 More precision, less risk
💡 Pro Tip: Use limit orders for control, stop orders for protection, and market orders when speed matters!