#OrderTypes101 #OrderTypes101: Master the Market Like a Pro
Before you trade, you need to know your order types — they can make or break your strategy. Let’s go 👇
🔹 Market Order
➡️ Buys/sells immediately at the best available price.
✅ Fast execution
❌ Less control over price
🔹 Limit Order
➡️ Sets a specific price to buy/sell.
✅ More control
❌ May not execute if the price isn’t hit
🔹 Stop-Loss Order
➡️ Automatically sells if the price drops to your set level.
✅ Limits your losses
❌ May trigger in volatile markets
🔹 Stop-Limit Order
➡️ Combines stop-loss & limit. Executes only at your set price after hitting the stop level.
✅ Precision control
❌ Might not execute in fast-moving markets
🔹 Trailing Stop
➡️ Follows the price at a set distance to lock in profits while limiting risk.
✅ Great for riding trends
❌ Can be whipsawed in choppy markets
#OrderTypes101 #CryptoTrading #ForexTips #StockMarketBasics #TradingEducation #DYOR #FinancialLiteracy