#OrderTypes101 : Master the Market Like a Pro!
Confused between Limit, Market, and Stop-Limit orders? You’re not alone. Here’s a crash course:
🔹 Market Order — “Just get it now!”
You buy or sell instantly at the best available price. Fast, but may slip in volatile moments.
🔹 Limit Order — “I’ll wait for my price.”
You choose your price. The order only executes if the market reaches it. Perfect for planners.
🔹 Stop-Limit Order — “Protect me!”
Think of it as a safety net. You set a trigger price (stop), and once it hits, your limit order kicks in. Great for setting smart exits.
💡 Pro Tip: Combine different order types to balance speed, safety, and strategy.
📈 The more you know, the better you trade. Don’t just HODL — learn to navigate like a captain.