#OrderTypes101 If you are starting or wish 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 maintenance? A buy/sell order at the current price. Fast and simple - ideal for emergencies.
🔹Limit Order
Set your price. A limit order brings the market to your target. Perfect for precision and strategy.
🔹Stop-Limit Order
Control risk with a limit. Once the stop price is reached, your limit order is placed. A smart way to automate the flights.
🔹OCO (One Cancels the Other)
Double cover. Place two orders—when one order is executed, the other is canceled. Ideal for managing transactions in volatile markets.