#OrderTypes101 If you are starting or looking to improve your skills, understanding the types of orders is essential to navigate any market with complete confidence.
🔹Market Order
Do you want to enter the market? A buy/sell order at the current price. Fast and simple - perfect for emergencies.
🔹Limit Order
Set your price. A limit order brings the market to your target. Perfect for precision and strategy.
🔹Stop-Limit Order
Manage risk with a limit. Once the stop price is reached, your limit order is placed. A smart way to automate the entries.
🔹OCO (One Cancels the Other)
Double cover. Place two orders—when one is executed, the other is canceled. Ideal for managing trades in volatile markets.