#OrderTypes101
Conclusion: Know Your Tools
Understanding order types is crucial for successful trading. Whether you're protecting against losses with a stop-loss, waiting for a better price with a limit order, or locking in profits with a take-profit, the right strategy depends on your goals and risk tolerance.
š Market order for speed.
š Limit order for control.
š”ļø Stop-loss and stop-limit for protection.
š° Take-profit for automated gains
Mastering these basics is your first step toward smarter, more confident trading.
