#OrderTypes101
📘 #OrderTypes101 – Types of Trading Orders in Brief:
1. 🟢 Market Order:
Immediate execution at the best available price.
✅ Fast – ❌ but may not always be the best price.
2. 🟡 Limit Order:
You specify the price, and it executes only when reached.
✅ Price control – ❌ may not be executed if the price is not reached.
3. 🔴 Stop Loss:
Automatically activates at a certain price to minimize losses.
🛡️ A basic protection tool.
4. 🟠 Stop-Limit:
Combines a stop order and a limit order.
✅ High precision – ❌ requires experience.
📌 Choosing the right type of order = a smart step for risk management and controlling your trades!