#OrderTypes101 OrderTypes101

Order types are a trader’s best friend when used wisely! A market order executes immediately at the current price—perfect for quick entries but risky during volatility. Limit orders let you set a specific price, ensuring you only buy or sell when the market hits your target. I often use stop-loss orders to protect against big losses; they automatically sell if the price drops to a certain level. There are also stop-limit orders, which combine stop and limit features for more control. Understanding these tools helps manage risk and optimize trades. What order type do you rely on most? #ordertypes101