#OrderTypes101 *Order Types 101: Mastering Trading Orders*
When trading, understanding order types is crucial. Here are the basics:
- *Market Order*: Buy or sell at current market price.
- *Limit Order*: Buy or sell at specified price.
- *Stop-Loss Order*: Sell when price falls to limit losses.
- *Take-Profit Order*: Sell when price reaches target profit.
- *Stop-Limit Order*: Combination of stop-loss and limit orders.
Each order type serves a specific purpose. Mastering these can help you manage risk and maximize returns. Which order type do you use most? Share your trading strategies! 💡📈 #Trading #OrderTypes #Investing