Before you click “Buy” or “Sell,” make sure you understand the type of order you’re placing! Here are the essentials:
1️⃣ Market Order – Instant execution at the best available price. Fast, but not always precise.
2️⃣ Limit Order – Sets your price. Buy lower, sell higher — but it might not fill.
3️⃣ Stop Order – Becomes a market order once a specific price is hit. Great for cutting losses.
4️⃣ Stop-Limit Order – Combines a stop and a limit. Adds control, but may miss the market.