#OrderTypes101 Order Types 101 📊🧠

Understanding order types is key to smart trading. Here are the basics:

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🔹 Market Order

Buy/sell immediately at the best available price.

✅ Fast execution

⚠️ Slippage risk in volatile markets

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🔹 Limit Order

Set the price you want to buy/sell at.

✅ More control over price

⚠️ Might not execute if price isn’t reached

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🔹 Stop-Loss Order

Automatically sells when price drops to a set level.

✅ Helps manage risk

⚠️ Can trigger during quick dips

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🔹 Take-Profit Order

Automatically sells when price rises to a target.

✅ Locks in gains

⚠️ Might miss bigger upside

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🔹 Stop-Limit Order

Combines stop-loss + limit: triggers a limit order at your stop price.

✅ More precision

⚠️ Might not execute in fast-moving markets

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🧠 Use the right order type to match your strategy and risk tolerance.