#OrderTypes101 📊 Order Types 101 – Know Before You Trade!
Understanding order types is KEY to mastering the markets. Here are the most common ones:
1️⃣ Market Order – Buy/sell instantly at the best available price. Fast, but can slip.
2️⃣ Limit Order – Set your price. Only executes when the market reaches it. More control, less speed.
3️⃣ Stop Order – Becomes a market order when a trigger price is hit. Useful for cutting losses.
4️⃣ Stop-Limit Order – Combines stop + limit. Triggered at a price, but executes only at your limit price.
✅ Pro tip: Use limit orders in volatile markets and stop orders to protect your downside.
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