#OrderTypes101
📡Here are the 10 Order Types in Trading :
1)⚡Market Order – Instantly place orders at current price.
2)🪧 Limit Order – Buy/sell at a specific price or even better.
3) 🏹Stop market Order – Triggers market order when a set price is hit.
4) 🎯Stop-Limit Order– Becomes a limit order after stop price is hit.
5)〽️ Trailing Stop Order – Stop price moves with the market price.
6) 🧞Bracket Order – Includes target and stop-loss with entry.
7)💣 IOC (Immediate or Cancel) – Executes instantly or cancels unfilled part.
8) 🚏 FOK (Fill or Kill)– Entire order must execute immediately or cancel.
9)🥂 GTC (Good Till Canceled)– Stays open until manually canceled.
10) 🌻 DAY Order – Expires if not executed within the trading day.