#TrumpVsMusk 📈 If You're Talking About Trading/Stock Market Orders (Finance):
Here are the most common order types:
1. Market Order
Executes immediately at the best available price.
🔹 Best for: Quick execution
⚠️ Risk: Price may change before execution in volatile markets.
2. Limit Order
Buy/sell at a specific price or better.
🔹 Best for: Price control
⚠️ Risk: May not execute if the market doesn't reach your price.
3. Stop Order (Stop-Loss)
Becomes a market order when a trigger price is hit.
🔹 Best for: Limiting losses
⚠️ Risk: May execute at a worse price due to slippage.
4. Stop-Limit Order
Triggers a limit order when the stop price is hit.
🔹 Best for: Controlled execution
⚠️ Risk: May not fill if the limit price isn’t met.
5. Trailing Stop Order
A stop order that moves with the market.
🔹 Best for: Locking in profits as a stock rises/falls.
6. Good-‘Til-Canceled (GTC)
Stays open until it’s executed or manually canceled.
🔹 Best for: Long-term position planning.