#OrderTypes101

Master Your Trades Like a Pro!

New to trading? Confused about order types? Letโ€™s break down the 3 core types every trader MUST know:

๐Ÿ”น 1. Market Order

โžก๏ธ Instant Execution

You buy/sell at the best available price right now.

โœ… Fastest way to enter/exit.

โš ๏ธ No control over price โ€” can lead to slippage in volatile markets.

๐Ÿ”น 2. Limit Order

โžก๏ธ Set Your Price

You decide the price you want to buy/sell at.

โœ… More control, better for sniping entries.

โš ๏ธ Might not fill if price doesn't reach your level.

๐Ÿ”น 3. Stop Order (Stop-Loss/Stop-Limit)

โžก๏ธ Protection or Momentum Trigger

Executes a trade once a specific price (stop price) is hit.

โœ… Great for risk management or breakout plays.

โš ๏ธ Not guaranteed to fill at exact price in extreme volatility.

๐ŸŽฏ Pro Tip: Combine limit buys with stop-losses for maximum edge: precision in entry, protection on exit.

๐Ÿ’ก Knowing your order types = trading smarter, not harder.

๐Ÿ’ฌ Which order type do YOU use the most?