#OrderTypes101
📈 *#OrderTypes101 | Types of Orders in Trading Made Simple!*
If you're trading, you must understand the types of orders to manage your trades intelligently:
1️⃣ *Market Order*
🟢 Buy or sell immediately at the best available price
✅ Fast and easy
❗Beware: The price may change quickly
2️⃣ *Limit Order*
📍Specify the price at which you want to buy/sell
✅ The trade is executed only when the desired price is reached
🔒 Suitable for patience and control
3️⃣ *Stop Order*
🚨 Converts to a market order when a certain price is reached
📉 Useful for limiting losses or entering a breakout
4️⃣ *Stop-Limit Order*
🎯 Combines stop loss and price limit
⚙️ More precise and controlled
📌 Knowing the difference protects you from losses and increases profit opportunities!
