#OrderTypes101 📈🧠

New to trading? Understanding order types is key! Here are the basics:

🔹 Market Order

– Buys or sells instantly at the current price.

✅ Fast execution

⚠️ May get a slightly different price than expected

🔹 Limit Order

– Sets a specific price to buy or sell.

✅ More control over price

⚠️ May take time to fill (or may not fill at all)

🔹 Stop-Loss Order

– Automatically sells if price drops to a certain level.

✅ Helps limit losses

⚠️ Can trigger during quick dips

🔹 Take-Profit Order

– Automatically sells when your target is reached.

✅ Locks in profits

⚠️ Might miss bigger gains if price keeps going up