#OrderTypes101 #OrderTypes101 Are you new to the world of trading? Understanding the types of orders is key!

Here's a quick guide to help you make smarter decisions:

🔹 Market order: Executes at the current market price. Fast, but with no control over the exact price.

🔹 Limit order: You decide the maximum price (buy) or minimum price (sell). Ideal for controlling your entries/exits.

🔹 Stop order: Activates when the price reaches a specific level. Useful for limiting losses or securing profits.

🔹 Stop-limit: Combines a stop order with a limit order. More control, but less guarantee of execution.

💡 Knowing these tools well can make a difference in your strategy.