#OrderTypes101
Still just pressing the "Buy" and "Sell" buttons?
Let's get to know the 3 basic types of orders:
1️⃣ Market Order – Executed immediately at market price. Fast, but can end up at a less favorable price.
2️⃣ Limit Order – You set the price yourself. The order only executes if the price matches. More economical, but requires patience.
3️⃣ Stop Order – Like an automatic alarm. It lets your assets sell/buy themselves if the price breaks a certain threshold.
📌 Understand the types of orders = Have more control over your trading.
Don't just trade, understand the strategy! 😉