#OrderTypes101

📘 #OrderTypes101 | Basic Types of Trading Orders 🧠📈

To understand trading professionally, you need to know the difference between types of orders 👇

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1️⃣ Market Order - Market Order

✅ Executes immediately at the best available price

🟡 Suitable for speed, but the price may change during execution

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2️⃣ Limit Order - Limit Order

✅ You set the price you want, and it executes if the market reaches it

🟡 Gives you more control over the price, but it may never execute

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3️⃣ Stop-Limit Order - Stop-Limit Order

✅ Used to minimize loss or enter when breaking a level

🟡 Sets an activation point + execution price

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4️⃣ OCO (One Cancels the Other)

✅ Two linked orders: if one is executed, the other is automatically canceled

🟡 Useful in managing profit and loss at the same time

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🎯 Do you use smart orders in your trades?

Share your experience, and follow for more educational content!