#OrderTypes101 Market Order
Execute immediately at the best available price.
🚀 Limit order
Buy or sell at a specific price or better.
🚀 Stop loss order
Limit losses by triggering a sale when prices fall below a set level.
🚀 Take profit order
Automatically sell to lock in profits when prices reach the target level.
🚀 Stop limit order
A combination of stop loss and limit orders, offering more control.
Understanding these types of orders is essential for effective trading.
By leveraging them, traders can refine their strategies, manage risk, and maximize profits.