#OrderTypes101

Imagine you’re at a restaurant ordering food — here’s how different order types work:

Market Order:

You say, “I’m hungry, just give me food NOW.” You don’t care about price, just want it fast. But it might cost more than you expected. Too late, you already paid!

Limit Order:

You say, “I’ll buy this only if it’s cheap.” So you wait for the price to drop. If it doesn’t, no deal. So... you wait. And wait...

Stop-Loss Order:

You say, “If the price drops too much, sell it fast!” This stops bigger losses — better to lose small than big.

Take-Profit Order:

You say, “If the price goes up, sell and lock in my gains!” Helps you take profits before the price drops again.

Don’t mix stop-loss and take-profit — or you might sell too early and regret it.

Which one do you use most? Tag that friend who always buys at the top 😅

#OrderTypes101