#OrderTypes101
Master These Essential Order Types to Trade Like a Pro in 2025.🚨
Market Orders: Execute immediately at current price—prioritizing speed over precision. Perfect for urgent entries but vulnerable to slippage in volatile markets.
Limit Orders: Set your exact entry/exit price—trade executes only when market reaches your specified level. Essential for disciplined trading plans.
Stop-Limit Orders: Two-part protection combining trigger price and execution price—ideal for precise risk management at specific technical levels.
OCO (One-Cancels-Other): Ultimate automation tool placing simultaneous take-profit and stop-loss orders—when one triggers, the other cancels automatically.
Trailing Stops: Dynamic protection that follows price direction—locks profits while giving trades room to develop without premature exits.
Master these instruments strategically rather than randomly—each serves specific tactical purposes in your overall trading framework.