#OrderTypes101 When I first started trading, I honestly thought “buy” and “sell” were all there was. Turns out, there’s a whole system behind those buttons — limit orders, market orders, stop-limit, OCO… and each one can completely change how your trade plays out.

🔹 Market Order – for when speed matters

Need to get in or out fast? A market order executes instantly at the best available price. Super convenient — but not always cost-effective, especially in low-liquidity markets.

🔹 Limit Order – patience pays off

You set your price and wait for the market to come to you. You get control over the price, but no guarantee it will fill. I often use it to buy dips or sell into strength.

🔹 Stop-Limit – smart protection

Think of it as a security trigger. When price hits your stop, a limit order is placed. I use it to automate stop-losses or lock in gains without staring at charts all day.

🔹 OCO – the “set and forget” combo

One Cancels the Other. Want to take profit if price goes up or cut losses if it drops? This lets you automate both. Perfect when I’m away from the screen.

💡 Mastering order types isn’t about being fancy — it’s about managing risk and emotions.

The better your tools, the calmer your trading becomes.

Which order type do you use most — and why?