#OrderTypes101

How to trade counts!

Knowing the different types of orders is essential for every trader, beginner or pro. Here are the main ones:

🟢 Market Order

👉 Buy or sell immediately at the best available price.

💡 Fast but less control over the final price.

🟡 Limit Order

👉 You set the price. The order is executed only when the market reaches it.

💡 More control, but it may not be executed immediately.

🔴 Stop-Limit Order

👉 Combines a "stop price" (which triggers the order) with a "limit price" (the maximum or minimum accepted price).

💡 Perfect for managing risk or locking in profits.

🛡️ OCO (One Cancels the Other)

👉 Two orders in one: if one is executed, the other is automatically canceled.

💡 Ideal for strategies with targets and stop-losses.

📈 Knowing how to use the right orders can make the difference between a well-managed trade and a missed opportunity.