#OrderTypes101 📊 #OrderType101: Master the Basics Before You Trade
Understanding order types is fundamental to successful trading. The most common is the Market Order, which executes instantly at the best available price — fast but risky in volatile markets. A Limit Order lets you set your desired buy/sell price, giving more control but no guarantee of execution. Then there’s the Stop-Loss Order, essential for risk management — it triggers a sell when the asset hits a specific price to limit losses. Stop-Limit Orders combine stop and limit conditions for advanced control. Knowing when and how to use each order type can protect your capital and boost your strategy. 🎯