📘 #OrderTypes101 : Types of Orders in Trading! 💹
Understanding the types of orders is essential for trading safely and strategically! 🧠⚙️
🟢 Market Order: Instant buy/sell at the current market price. Fast, but there may be slippage. ⚡📉
🟡 Limit Order: Defines the exact price to buy or sell. More control, but it may not be executed. 🎯💰
🔴 Stop Order (Stop-Loss/Stop-Limit): Triggers an order when a specific price is reached. Ideal for protecting profits or limiting losses. 🛑📊
💼 Use the right type for each situation and improve your performance! 📈
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