🛒 Market Orders
⚡What are Market Orders?
- Market Orders are buy or sell orders that are executed immediately at the currently available market price.
- In other words, when you use a market order, you don't care about the exact price; rather, you focus on executing the trade quickly.
How do they work?
* If you want to buy a specific currency with a market order, it will be bought at the best currently available selling price (Ask Price).
* If you want to sell, the trade will be executed at the best available buying price (Bid Price).
When are Market Orders used?
- When there is a need to enter or exit a trade quickly.
- In currencies with high liquidity.
- When time is more important than price (like breaking news or instant opportunities).
✅ Advantages
* Immediate execution speed.
* Simplicity and ease of use, especially for beginners.
* Suitable for fast and volatile markets.
⚠️ Disadvantages and Risks
- The trade may be executed at a different price than expected due to "slippage."
- In markets with low liquidity, the executed price may be much higher or lower than the displayed price.
📈📉 Summary
Market Orders are an excellent tool for speed, but they require attention to price and liquidity. Use them wisely, especially when you are ready to accept the current market price without surprises.
