#OrderTypes101

#OrderTypes101 – Understanding Trade Orders

Different order types help traders manage their strategies effectively:

Market Order – Buy/sell instantly at the current best available price.

Limit Order – Execute only at your chosen price or better.

Stop-Loss Order – Automatically sell to minimize losses if the price falls.

Take-Profit Order– Close the trade once it hits your desired profit level.

Trailing Stop – Dynamically adjusts the stop-loss as the price moves in your favor.

Master these to trade smarter!