#OrderTypes101
If you think that "order" in trading is just clicking "buy" or "sell", I’m sorry to inform you: you’re playing Russian roulette with your money. Market order? It’s like shouting "buy now!" in the middle of chaos, accepting whatever price comes. Limit order? You set the price, but you might be waiting until the next Ice Age. Stop order? Seems smart until it gets triggered at the exact peak of panic. And there’s also the stop-limit, which is basically a "if this, then that" that only works if Neptune is in Saturn. Knowing how to use these types of orders is the fine line between being a trader or a statistic in a loss chart.
