#OrderTypes101 : Knowing order types is crucial for trading success. Market orders execute instantly at the current price—fast but prone to slippage in volatile markets. Limit orders let you set a specific price to buy or sell, offering control but no guarantee of execution. Stop orders trigger a market order when a price hits your set level, useful for stop-losses or breakouts. Stop-limit orders combine stop and limit, activating a limit order at a trigger price, balancing precision and execution risk. Choose based on strategy, risk tolerance, and market conditions. #trading#Finance
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.