#OrderTypes101 OrderTypes101 📊 Market, Limit, Stop – Understand correctly to avoid trading based on emotions!

When trading on the exchange, you will encounter types of orders: Market, Limit, and Stop. If you do not understand them well, you might buy at the peak and sell at the bottom without knowing why.

🔹 Market Order: Buy/sell immediately at the market price. Fast but prone to slippage.

🔸 Limit Order: Set buy/sell at the price you want. Good for patient people, avoiding FOMO.

🔻 Stop Order: Automatically triggers the order when the price hits a certain level. Usually used to cut losses or take profits.

✅ Beginners often use Market, but should learn how to use Limit and Stop to better protect their capital.

👉 What type of order do you use the most?

📌 Follow me to read the next article: “How to place a Stop order correctly – to avoid being swept away!”.