#Liquidity101

Types of Trading Orders: The Hidden Secret Behind Successful Trades!

Did you know that choosing the right order type can make the difference between a winning trade and a painful loss? 🤯

In the world of trading, it's not enough to just know when to buy or sell, but how you execute the order is the most important!

🔹 Market Order: Best for immediate execution, but it doesn't guarantee the price! Suitable during high volatility moments or urgent news.

🔹 Limit Order: Set the price at which you want to buy or sell; useful to avoid entering at an undesirable price.

🔹 Stop Order: Protects you from significant losses! Ideal as a stop-loss or take-profit order.

🔹 OCO Order (One Cancels Other): A professional tool that combines a limit order and a stop order at the same time, very suitable for scalping and speculation.