#OrderTypes101 The hashtag #OrderTypes101 typically refers to an introductory explanation of different types of orders used in financial trading (such as in stock, crypto, or forex markets). Here's a quick overview of the most common order types:
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🔹 1. Market Order
Definition: Buy or sell immediately at the best available price.
Best for: Speed.
Risk: Slippage in fast-moving markets.
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🔹 2. Limit Order
Definition: Buy or sell at a specific price or better.
Best for: Price control.
Risk: May not get filled if the price isn't reached.
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🔹 3. Stop Order (Stop-Loss)
Definition: Triggers