#OrderTypes101

📈 Order Types in Trading: Know Before You Click!

Understanding different order types can make or break your trade. Let’s simplify the essentials:

🔹 Market Order

⚡ Instant execution at the current price.

✅ Fast, but price may slip during volatility.

💬 "Just get me in/out NOW!"

🔹 Limit Order

🎯 You set the price.

⏳ Executes only if the market hits your level.

💬 "I'll buy/sell—but only at this price or better."

🔹 Stop-Loss Order

🛑 Designed to limit losses.

📉 Triggers a market/limit order when price hits a specific level.

💬 "If it drops to X, cut the trade."

🔹 Stop-Limit Order

⚖️ Combines a stop and limit order.

🧠 More control, but might not execute in fast-moving markets.

Knowing the right order type = trading smarter, not harder.

📊 Master this and you’re already ahead of most newbies.

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