#OrderTypes101

๐Ÿ“˜ Order Type 101

Understanding order types is key to smart trading.

๐Ÿ”น Market Order: Executes instantly at the current price โ€” fast but risky in volatile markets.

๐Ÿ”น Limit Order: Sets your buy/sell at a specific price โ€” safer, but may not fill if price doesnโ€™t reach.

๐Ÿ”น Stop-Loss Order: Auto-sells when price hits your set limit โ€” helps minimize losses.

๐Ÿ”น Stop-Limit Order: Combines stop-loss and limit for more control.

Each order type serves a purpose depending on your risk and strategy.

Master these, and youโ€™re already ahead of most.

Which one do you use most?