🚀 #OrderTypes101 : MASTER YOUR TRADES LIKE A PRO! 🚀
📈 Understanding Order Types — the key to successful trading.
🔹 Market Order — instant execution at the best available price. Ideal for quick buys or sells.
🔹 Limit Order — you set the price at which you want to buy or sell. The order will execute only at that price or better.
🔹 Stop Order — activates when the price reaches a specified level, helps to limit losses or protect profits.
🔹 Stop-Limit Order — combines stop order and limit, giving you more control over the execution price.
💡 Being able to use these orders correctly means controlling your risk and maximizing profit.
🔥 Do you use different types of orders in your trading? Write in the comments what your favorite is!