#OrderTypes101

Understanding different order types is key to smart trading!

๐Ÿ”น Market Order โ€“ Buys/sells immediately at the current price.

๐Ÿ”น Limit Order โ€“ Sets a specific price to buy/sell. Only executes if the market hits that price.

๐Ÿ”น Stop Order โ€“ Becomes a market order when a specific price is reached.

๐Ÿ”น Stop-Limit Order โ€“ A stop order that turns into a limit order at your set price.

๐Ÿ’ก Knowing when and how to use these can make all the difference in managing risk and maximizing profits!

#TradingTips #InvestSmart #StockMarketBasics