#OrderTypes101
OrderTypes101 orders are key to investing intelligently. Did you know that a simple order can make the difference between a guaranteed profit and an unnecessary loss?
✅ Market Order: Buy or sell at the current price. Fast, but the price may vary if there is a lot of volatility.
📉 Limit Order: You decide the price. It only executes if the market reaches that level. Ideal for buying cheap or selling high.
🛑 Stop Order: Activated when a certain price is reached. Useful for cutting losses or securing profits.
🎯 Stop-Limit: Combines precision and control: activates a limit order when a stop price is reached.