#OrderTypes101 – Master the Basics of Trading Orders 📊
Understanding order types is key to successful trading.
🔹 Market Order: Instantly buys or sells at the current price. Fast but may face slippage.
🔹 Limit Order: You set the price. The trade only executes when the market reaches your desired level. Great for control.
🔹 Stop-Limit Order: Used to protect profits or cut losses. A trigger price activates your set limit order.
Each type serves a purpose. Beginners should start with limit orders for safety. Smart trading isn’t just entry—it’s how you enter. 💡