📊 Market, Limit
If you're still clicking "Buy" without thinking — it's time to level up. Understanding order types can protect your capital, improve your entries, and give you control in volatile markets.
Here’s a quick breakdown of the most important order types every trader should know:
🔹1. Market Order
Buy or sell *immediately* at the current price.
✅ Fast
❌ Slippage risk in volatile markets
When to use: Urgent entries or exits.
🔸 2. Limit Order
Buy or sell at a specific price or better.
✅ Precision
❌ May not fill if the market doesn’t hit your price
When to use: Planned entries, swing trades.
🔹 3. Stop-Loss Order
Automatically sells your position when price drops to a set level.
✅ Risk management
❌ May trigger during short-term wicks
When to use: Protecting capital in volatile setups.
🔸 4. Take-Profit Order
Closes your position at a target price.
✅ Locks in gains
❌ Market may overshoot your target
When to use: Exiting trades at a profit without emotional decisions.
💡 Pro Tip: Combine Stop-Loss + Take-Profit + Limit Entry = Professional risk/reward setup.
Trading without order types is like driving without brakes. Master them, and you’ll trade smarter — not harder.
