#OrderTypes101 #OrderTypes101

Understanding order types is essential for smart trading. A market order buys or sells immediately at the best available price. A limit order sets a specific price—execution happens only if the market reaches it. A stop order triggers a market order when a set price is hit, helping manage risk. A stop-limit order combines stop and limit conditions for more control. Trailing stops adjust with price movements to lock in profits. Each order type has its purpose—whether prioritizing speed, price, or protection. Knowing which to use helps traders execute strategies efficiently and protect against unnecessary losses. #InvestSmart