#OrderTypes101
đĄ Carousel â The 6 Types of Orders in Trading
đŒïž Slide 1 â Coverage
đ The 6 Essential Types of Orders in Trading
Manage your entries and exits better!
đŒïž Slide 2 â Market Order
đŻ Market Order
âĄïž Immediate execution at the best price
â Ultra fast
â Less control over the price
đ Ideal for urgent entries
đŒïž Slide 3 â Limit Order
đž Limit Order
âĄïž Buy/sell at a specific price or better
â Total control over the price
â May never execute
đ Perfect for patient trading
đŒïž Slide 4 â Stop & Stop Limit Order
đ Stop Order
âĄïž Triggers when a threshold is reached
â Protects against losses
â Possible execution with slippage
âïž Stop Limit Order
âĄïž Stop + limit price
â Total control
â Not guaranteed to execute
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đŒïž Slide 5 â Take Profit & Trailing Stop
đ° Take Profit
âĄïž Automatic closure at a gain
â Secures profits
â May cut a winning rally
đ Trailing Stop
âĄïž Stop-loss that follows the price
â Optimizes gains
â Less suitable in chaotic markets
đŒïž â Conclusion
đ Summary
đŻ Market = Speed
đž Limit = Precision
đ Stop = Protection
âïž Stop Limit = Control
đ° Take Profit = Secured Gains
đ Trailing = Extended Profits
đ Use the right orders, dominate the market.