#OrderTypes101

📊 #OrderTypes101

Understanding order types is key to mastering the markets. Here are the 3 most common ones:

1️⃣ Market Order

Buy/sell immediately at the best available price.

✅ Fast execution

⚠️ Less price control

2️⃣ Limit Order

Set the exact price you want to buy/sell.

✅ Price control

⚠️ May not execute if price isn’t reached

3️⃣ Stop Order (or Stop-Loss)

Triggers a market order when a specific price is hit.

✅ Protects against big losses

⚠️ May fill at a worse price during volatility

🎯 Mastering these helps you manage risk and trade with confidence.