#OrderTypes101

#OrderTypes101 is essential for every trader! Market orders execute instantly at current prices—perfect for fast moves. Limit orders let you set your desired buy/sell price, giving more control but no guarantee of execution. Stop-loss orders help minimize losses by triggering a sale at a set price, while take-profit orders secure gains once your target is hit. I often use limit orders for better entry points and always pair trades with stop-loss and take-profit to manage risk. Once, a missed stop-loss cost me big—lesson learned! Choosing the right order type can be the difference between a win and a wipeout.

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