#OrderTypes101

📑 Learn to use orders like a pro ⚙️📈

In trading, the type of order you choose can make the difference between a profit and a loss. Knowing them gives you more control and strategy. 🎯

🔹 Market order: Executes at the current market price.

✅ Fast, but does not guarantee the best price.

🔹 Limit order: Executes only at the price you set (or better).

✅ Ideal if you want to have exact control over how much to pay or receive.

🔹 Stop-limit order: Combines an activation price (stop) and a limit price.

✅ Useful for setting automatic exit points.

🔹 OCO order (One Cancels the Other): Executes one order and automatically cancels the other.

✅ Very useful for risk management.

💡 Tip: Not knowing how to use order types can make you miss opportunities... or money.

What type of order do you use most in your trading strategy?