#OrderTypes101
💡 – What do the types of orders in trading mean?
When you start trading, you need to understand the basic types of orders to control your decisions:
🔹 Market Order: You buy or sell immediately at the best available price. Fast… but not always at the price you hope for!
🔹 Limit Order: You set the price at which you want to buy or sell. The trade will only be executed when the market reaches that price.
🔹 Stop Order: To protect yourself from losses. It is triggered automatically when the price breaks a certain level.
📌 Understanding these orders helps you reduce stress… and increase your chances of profit!
Try to use the right type at the right time.