#OrderTypes101
šÆ Understanding Order Types in Trading
Order types are essential tools in trading, determining how and when you enter or exit a position.
Market Orders execute instantly at the best priceāideal for speed, not precision.
Limit Orders let you set the priceāgreat for control but not guaranteed to fill.
Stop Orders (Stop-Loss) trigger a market order at a set priceāused to limit losses.
Stop-Limit Orders combine protection with price controlāmay not fill in volatile swings.
Trailing Stops follow price trends, locking in gains as assets rise.
Each type reflects a trading mindsetāspeed, caution, or strategy. Used wisely, they help manage risk and optimize profits.
š Practice with paper trading to sharpen execution.
Pro move: Blend order types for smarter trades.
Trade smart. Order with intent. š