#OrderTypes101
Did you know that understanding the types of orders can make the difference between a successful trade and an unnecessary loss?
A limit order allows you to set the exact price at which you want to buy or sell, ideal for those seeking precision. On the other hand, a market order executes the trade at the current price, prioritizing speed.
There are also orders like stop-limit and stop-loss, which are fundamental for risk management. Each type has its purpose, and mastering their use can take your trading to the next level.