#OrderTypes101 you trade, learn about order types!
Understanding order types can help you save money, time, and stress. Here are the most common types of orders:
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🔹 Market Order
👉 Buy/Sell immediately at the best available price
✅ Fast execution
❌ The price may be unfavorable due to volatility (slippage)
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🔹 Limit Order
👉 Buy/Sell at a specific price or better
✅ You have control over the price
❌ The order may not be executed if the price is not reached