#OrderTypes101
🎯 #OrderTypes101
Trading isn’t just about buying and selling — it’s how you do it that matters!
Let’s break down the 4 most common order types every trader should know: 👇
1️⃣ Market Order 🟢
➡️ Instantly buys or sells at the best available price.
⚡ Fast, but may suffer from slippage!
2️⃣ Limit Order 🟡
➡️ Sets the exact price you want to buy or sell.
⏳ May take time to fill, but gives you control.
3️⃣ Stop Order 🔴
➡️ Becomes a market order once a specific price is hit.
📉 Great for protecting losses or entering breakouts.
4️⃣ Stop-Limit Order ⚙️
➡️ Combines stop + limit for more precision.
🧠 Used when you want conditions met and price control.
💡 Pro tip: Choosing the right order can mean the difference between profit and loss!
💬 Have you used any of these? Drop a ✅ or ❌ in the comments!