#OrderTypes101 ๐Ÿ“ˆ #OrderTypes101: Master the Basics! ๐Ÿš€

๐Ÿ’ก Market Order:

โœ… Instantly buys/sells at the best available price

โŒ Less control over exact execution price

๐Ÿ’ก Limit Order:

โœ… Sets a specific price to buy/sell

โœ… Executes only if the market hits that price

โŒ No guarantee of execution

๐Ÿ’ก Stop Order:

โœ… Becomes a market order once a trigger price is reached

โœ… Great for limiting losses or locking in profits

๐Ÿ’ก Stop-Limit Order:

โœ… Combines stop & limit orders

โœ… Trigger price โ†’ turns into a limit order

โœ… More precise than a stop order

๐Ÿช™ Trading smart means knowing how to use each! ๐Ÿช™