#OrderTypes101
"#OrderTypes101" typically refers to an introductory guide or breakdown of the different types of orders used in trading, particularly in stock, forex, or crypto markets. Here’s a simple overview of the most common order types:
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🧾 #OrderTypes101 – Basic Trading Orders Explained
1. Market Order
Definition: An order to buy or sell immediately at the best available current price.
Use case: When speed is more important than price.
Example: "Buy 100 shares of AAPL now."
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2. Limit Order
Definition: An order to buy or sell at a specific price or better.
Use case: When you want control over the price.
Example: "Buy 100 shares of AAPL at $180 or lower."