#OrderTypes101 #OrderTypes101, explaining the basics of trading order types:

#OrderTypes101: Mastering Market, Limit, and Stop Orders

When trading stocks or crypto, knowing your order types is key. A Market Order buys or sells immediately at the best available price—fast, but potentially less precise. A Limit Order sets your price—your trade only executes when the market meets it, giving you control but no guarantees. Then there’s the Stop Order (or Stop-Loss), which triggers a market order once a set price is reached—great for managing risk. Some platforms offer Stop-Limit Orders, combining features of both. Each order type fits a different strategy: fast execution, price control, or risk management. Choosing the right one protects your capital and sharpens your edge.

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