#OrderTypes101
Order Types 101 🔍
Understanding order types is key to mastering the market. Here are the basics:
1️⃣ Market Order – Buy/sell instantly at the best available price. Fast but no price guarantee.
2️⃣ Limit Order – Set your price and wait. You control the price, but execution isn’t guaranteed.
3️⃣ Stop-Loss Order – Automatically sell when the price hits a level you define. Risk control tool!
4️⃣ Stop-Limit Order – Combines stop & limit: triggers at your stop price, but only executes at your limit price.
🎯 Use the right order, at the right time.
