#OrderTypes101

1️⃣ Market Order: Executes immediately at the best available price. Great for instant trades.

2️⃣ Limit Order: Sets a specific price to buy/sell. Executes only if that price is reached or better.

3️⃣ Stop Order: Becomes a market order once a certain price (the stop price) is triggered. Used to limit losses.

4️⃣ Stop-Limit Order: Combines a stop price and a limit price. Only executes within the limit price range after the stop price is triggered.

5️⃣ Trailing Stop Order: Follows the market price by a set distance. Locks in profits while allowing for potential gains.

💡 Pro Tip: Understand these order types to manage risk and trade efficiently! 🚀