#OrderTypes101 🧾📊 – Master trading from scratch! 🚀

New to the world of trading? Don't worry! Here we explain the most common types of orders that every beginner should know. 📈🧠

The market order is the simplest: you buy or sell at the current price. It's quick, but it can vary a bit if the market moves fast. ⚡📉

The limit order allows you to set a specific price. It will only execute if the market reaches that price. Ideal for having more control. 🎯💵

A stop order is activated when the price reaches a certain level. It's useful for limiting losses or securing profits. It becomes a market order once activated. 🛑📉

Finally, the stop-limit order combines the best of both. It activates at the stop price and executes only if the price reaches the limit you set. 🔐📊

Knowing these types of orders is key to trading intelligently. Start with confidence! 💪📚