#OrderTypes101

• The types of orders in trading reflect different strategies for managing trades: ..

1. Market Order:

Executed immediately at the best available price .. Suitable for quick execution.

2. Limit Order:

Used to set a specific price for selling or buying .. Which gives the trader greater control.

3. Stop Order:

Activated when the price reaches a specified level .. Useful for reducing losses or following the trend.

• Understanding these types helps improve performance and reduce risks in financial markets … |