#OrderTypes101 Stop Losing Money! Use This Order Type Like a Pro!**

If you’re struggling with losing money on trades, chances are you’re using the wrong order type. Many traders just click "Buy" or "Sell" without thinking—but smart traders know that choosing the right order type can make or break a trade.

So, what’s the trick?

Use Limit Orders Instead of Market Orders

Most beginners use Market Orders, meaning they buy or sell instantly at the current price. Sounds simple, right? But here’s the problem: market prices move fast, and you often pay more (or sell for less) than expected.

Instead, smart traders use Limit Orders. This lets you set the exact price you’re willing to pay or receive. That way, you avoid slippage, control your costs, and make better trades.

How It Works

- Market Order: Buy or sell instantly at whatever price is available, risky if the price spikes!

- Limit Order: Buy or sell only at the price you choose, safer and more controlled.

Why Limit Orders Matter