#OrderTypes101 Absolutely! Here's a clear and concise paragraph in the style of #OrderTypes101:
#OrderTypes101 – Market vs. Limit Orders
When placing a trade, knowing your order type is key. A market order gets you in or out fast—it buys or sells immediately at the best available price. It's great for speed but can lead to slippage in volatile markets. A limit order, on the other hand, gives you control. You set the price, and the trade only executes if the market hits your target. It’s ideal for precision, but there’s a risk it won’t fill. Market orders are for execution, limit orders are for strategy. Know when to use each—they can make or break your trade.
Want another one that covers stop-loss, stop-limit, or trailing stop orders next?