#OrderTypes101

Order Type 101 📊

Understanding order types is key to smart trading. Here are the most common:

🔹 Market Order – Buys or sells instantly at the best available price. Fast but not price-guaranteed.

🔹 Limit Order – Sets a specific price to buy/sell. Fills only if the market hits your target.

🔹 Stop-Loss Order – Automatically sells to limit losses when the price drops to a set point.

🔹 Take-Profit Order – Closes a trade when the price reaches your desired profit level.

🔹 Stop-Limit Order – A hybrid that combines stop-loss with a price limit.

📈 Choosing the right type helps protect profits and manage risk.

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