#OrderTypes101

📘 #OrderTypes101 – Master the Basics Before You Trade!

Knowing your order types is essential to navigate the markets with confidence. Here's a quick breakdown:

🔹 Market Order

Buy/sell instantly at the best available price.

✅ Fast execution

⛔ May have slippage in volatile markets

🔹 Limit Order

Set your price and wait. The order only fills when the market reaches your target.

✅ More control

⛔ Not guaranteed to fill

🔹 Stop-Limit Order

A trigger price activates a limit order. Great for protecting gains or cutting losses.

✅ Smart risk management

⛔ Requires setup precision

🔹 OCO (One Cancels the Other)

Place a stop-limit and limit order at once—whichever hits first cancels the other.

✅ Flexible strategy tool

⛔ Best for experienced traders

💡 The right order type = better risk management + smarter trading decisions.

Which one do you use most? Comment below! 👇

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