📊 #OrderTypes101 – Understand the Types of Orders in Exchanges

🔹 Market Order: executes immediately at the best available price. Ideal for speed, but without price control.

🔹 Limit Order: you set the price. The order only executes if the market reaches that value. More control, less speed.

🔹 Stop-Loss: protects against losses. Triggers a market or limit order if the price falls below a limit.

🔹 Take-Profit: locks in profits. Triggers an order when the price reaches your target gain.

🔹 OCO (One Cancels the Other): combines take-profit and stop-loss. When one executes, the other is canceled.

📌 Mastering the types of orders helps you trade with more strategy and safety.

DYOR – Manage risks consciously.