#OrderTypes101
Understanding order types is key to smart trading! š
ā Market Order ā Buys/sells instantly at the best available price. Fast but less control.
ā³ Limit Order ā Executes only at your set price or better. More control, less speed.
š Stop Order ā Triggers a market order once a set price is hit. Great for cutting losses.
š Stop-Limit Order ā Combines stop & limit orders. Triggers a limit order at your stop price.
Choosing the right order type helps manage risk and execute your trading strategy effectively! š¼š
#TradingTips #FinanceBasics