#OrderTypes101 Order Types 101 – Know Before You Trade

1. Market Order – Buys or sells instantly at the current price. Fast but may suffer slippage.

2. Limit Order – You set the price. The order fills only when the market hits your target. Ideal for control.

3. Stop-Loss Order – Automatically sells if price drops to a certain level. Great for managing risk.

4. Take-Profit Order – Locks in gains when price reaches your profit target.

5. Stop-Limit Order – Combines stop-loss and limit. Adds precision but may not always fill.

Mastering order types helps you trade smart, protect capital, and avoid emotional decisions.

Random clicks = random results.

Know your tools. Trade with intent.