#OrderTypes101 #OrderTypes101
Market Order:
"I want to enter — now, regardless of the cost!"
Usually ends with: “Wait… why did I buy at the peak?”
Limit Order:
"I am patient. I will wait for my price."
Usually ends with: “Almost there… and then it shot up without me.” 😩
Stop-Loss Order:
"I am disciplined!"
Unless you’ve moved it three times... then you’re just an optimist.
Take-Profit Order:
“I don’t need all the profit. Just a part of it... before the chart suddenly drops.”
Moral of the story?
Knowing the types of your orders can save your funds, your nerves, and your dignity.
Choose wisely — and let the orders do the emotional work for you. 😉