#TradingPairs101

📌 Types of Orders in Trading (Order Types 101) 📌

When trading in financial markets, you need to understand the basic types of orders to execute your trades wisely:

1. Market Order

- Immediate execution at the current price.

- Ideal when you want to enter or exit quickly.

2. Limit Order

- Set a specific price to buy (lower than the market) or sell (higher than the market).

- Guarantees a specific price, but does not guarantee execution.

3. Stop Order

- Becomes a market order when it reaches a specified price (like a stop loss).

- Used to limit risk or enter when breaking resistance.