#OrderTypes101

๐Ÿ“Š #OrderTypes101 โ€“ Trade Smarter, Not Harder ๐Ÿ’ก

Knowing your order types is essential to navigating the markets confidently. Here's a quick breakdown:

๐Ÿ”น Market Order โ€“ Executes instantly at the best available price. Fast and simple, but no price control.

๐Ÿ”น Limit Order โ€“ You set the price. Offers control, but might not get filled if the market doesnโ€™t reach your level.

๐Ÿ”น Stop Order โ€“ Activates only when a set price is hitโ€”commonly used to protect against losses.

๐Ÿ”น Stop-Limit Order โ€“ A two-in-one: triggers at your chosen stop price, but only executes at your limit price. Precision matters.

๐Ÿ”น Trailing Stop โ€“ Moves with the market to help lock in profits automatically. Great for riding trends.

Each type supports different strategiesโ€”whether youโ€™re scalping intraday or investing long-term. Know your tools, understand your risk, and trade with intention.

๐Ÿง  The more you master these basics, the more control you have over your trades. Make your strategy work for you.

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