#OrderTypes101
Do you want to trade like a pro? Then you need to understand the basic types of orders:
🔹 Market Order — an order at the current market price. Quick, but not always profitable.
🔹 Limit Order — you set the price yourself. The order will execute when the market reaches it.
🔹 Stop-Loss — protection against losses. The order will automatically close at the specified price.
🔹 Take-Profit — lock in profits. Automatic sale when the desired price is reached.
🔹 Stop-Limit — a combined order: first a trigger (stop), then a limit.
⚙️ Understanding these tools = control over risks and more precise trades.
Do you use limit orders or trade on the market? 💬
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