#OrderTypes101

Knowing the types of orders available on trading platforms is a fundamental skill for better managing your positions and optimizing your experience. Here is a quick and useful overview of the main types of orders to know:

🛒 Market Order

Immediate execution at the best available price. Perfect for quick decisions when speed is prioritized over the exact price.

🎯 Limit Order

You set a specific price to buy or sell. The order is executed only at that price or better. Ideal for precise strategies.

🛑 Stop-Loss Order

Designed to reduce potential losses. If an asset reaches a defined price, an automatic sale is triggered.

🔄 Stop-Limit Order

Combines the advantages of stop and limit. The order becomes a limit order once the threshold is reached.

📈 Trailing Stop Order

Automatically adjusts with the market. It follows the favorable price while securing the position if the market reverses.