#OrderTypes101 Market Order

•Definition: An order to buy or sell immediately at the best price currently available.

•Use case: When speed is prioritized over price.

•Risk: Price slippage in volatile markets.

🔹 2. Limit Order•Definition: An order to buy or sell at a specific price or better.•Limit Buy: Executes at the limit price or lower.•Limit Sell: Executes at the limit price or higher.•Use case: When you want to control the price but do not guarantee execution.