🎯 #OrderTypes101 – Master Your Moves
Every trade starts with the right order type. 📈 Whether you’re chasing profits or guarding your downside, knowing the difference is 🔑
💥 Market Order – Instant execution at the best available price.
✅ Fast
❌ Less price control
🎯 Limit Order – Set your price, and the trade only executes if it hits that level.
✅ Better pricing
❌ No guarantee it fills
🛑 Stop-Loss Order – Automatically sells if price drops to a set point.
✅ Protects you from big losses
❌ Can trigger during volatile wicks
🚀 Take-Profit Order – Locks in gains once your target price is reached.
✅ Automates your exit
❌ Might miss extended rallies
💡 My go-to? Limit + Stop-Loss combo
It gives me control on entry and protection on the downside