#OrderTypes101

📘 Understanding Order Types in Trading

Whether you're a novice or an experienced trader, it's essential to know how different types of orders work. This is the foundation of risk management and effective market entry.

🔹 Market Order — an order to buy or sell at the current market price. Fast, but there may be slippage.

🔹 Limit Order — you set the price at which you're willing to buy or sell. Great for patient traders.

🔹 Stop-Limit and Stop-Market — tools for limiting losses or securing profits. Levels are specified, and when reached, the order is triggered.

Understanding these basics will help avoid mistakes and act more confidently in the market. Trading is not a game, but a strategy.

What order do you use most often?

#OrderTypes101