#OrderTypes101 #OrderType101: Think Like a Trader, Not a Gambler
Imagine walking into a market. A market order is like saying, “I’ll take that right now, no matter the price.” It’s quick but can cost more if prices are moving fast.
A limit order is like telling the seller, “I’ll only buy if you give it to me at this price.” You wait, but you stay in control.
A stop-loss order? That’s your safety net. It says, “If this trade goes wrong, get me out before it gets worse.”
Order types aren't just buttons—they reflect your mindset. Traders plan. Gamblers hope. Know your tools, and you’ll stop chasing trades and start managing them.