#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 for maintenance? A buy/sell order at the current price. Quick and simple - perfect for emergencies.
🔹Limit Order
Set your price. A limit order that brings the market to your target. Perfect for precision and strategy.
🔹Stop-Limit Order
Control risk with a reduction. Once the stop price is reached, your limit order is placed. A smart way to automate your trades.
🔹OCO (One Cancels the Other)
Double cover. Place two orders—when one order is executed, the other is canceled. Ideal for managing trades in volatile markets.