๐Ÿ“ˆ #OrderTypes101: Know Before You Trade! ๐Ÿง ๐Ÿ’น

Before jumping into the market, itโ€™s key to understand the types of orders you can place:

โœ… Market Order โ€“ Buy/sell immediately at the best available price. Fast but not always precise.

๐Ÿ“Š Limit Order โ€“ Set your exact price. Great for control, but it may not execute.

๐Ÿ”” Stop Order โ€“ Becomes a market order once a trigger price is hit. Often used to limit losses.

๐Ÿ›ก๏ธ Stop-Limit Order โ€“ Triggered like a stop order, but only executes at your limit price. Best of both worlds (kind of).

๐Ÿ’กPro tip: Always use the right order type for your strategy and risk tolerance.

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