🔍 New to trading? Understanding different order types can make all the difference in your strategy. Here’s a quick breakdown:
📌 Market Order – Executes immediately at the current market price. Fast but not always precise.
📌 Limit Order – Sets your price. Only executes when the market hits your target. Great for control.
📌 Stop Order – Triggers a market order when a certain price is reached. Useful for stop-losses.
📌 Stop-Limit Order – Combines stop and limit. More control, but less certainty of execution.
Knowing how and when to use each can protect your profits and minimize your risks. 💼📊
