#OrderTypes101
Understanding different order types is key to smart trading!
๐น Market Order โ Buys/sells immediately at the current price.
๐น Limit Order โ Sets a specific price to buy/sell. Only executes if the market hits that price.
๐น Stop Order โ Becomes a market order when a specific price is reached.
๐น Stop-Limit Order โ A stop order that turns into a limit order at your set price.
๐ก Knowing when and how to use these can make all the difference in managing risk and maximizing profits!
#TradingTips #InvestSmart #StockMarketBasics