#OrderTypes101 Still Only Using Market Orders? You’re Leaving Profit on the Table! 🚨
Most new traders just hit "Buy" or "Sell" without realizing the power of other types of orders. That one-click mistake could cost you real money. Want to trade smarter? This is the crash course for you.
🔹 Market Order – Execute immediately, but be careful of slippage in volatile markets. Use when you need to act quickly, not when you need precision.
🔹 Limit Order – Ideal when you want to control the price. Place your order and wait for the market to come to you — great for sideways conditions.
🔹 Stop-Loss Order – Combines protection and precision. Use it to limit losses after a key support level has been broken.
🔹 Take Profit Order – Lock in profits near your resistance level or target price. Let the system exit for you while you sleep.
Using orders intelligently distinguishes traders from gamblers. Learn the difference — trade with purpose, not panic.