*#OrderTypes101 | Types of Trading Orders 📈*
Do you know the difference between the basic trading orders?
Here are the main types:
🔹 *Market Order*: Buy or sell at the current price — fast but not guaranteed price.
🔹 *Limit Order*: Specify a certain price for execution — more accuracy but not immediate execution.
🔹 *Stop Order*: Activated when reaching a specified price — an important tool for risk management.
🔹 *Stop-Limit*: A combination of a stop order and a limit order — more control but a bit complex.
🔹 *Trailing Stop*: Automatically moves to lock in profits as the market moves in your favor.
🎯 Choose the right type for your strategy and become a more aware trader!