#OrderTypes101 #OrderTypes101
Order types control how your trades are executed. The Market Order is for instant buying/selling at the best price. A Limit Order lets you set your price and wait. A Stop Order protects you by selling (or buying) when the price hits your trigger point. Stop-Limit Orders add more control, turning a stop order into a limit order at a specific price. Trailing Stop Orders adjust as prices move, helping you lock in profits. Choosing the right order depends on your strategy—whether it’s speed, price control, or risk management. Mastering these basics is key for trading success!