#OrderTypes101 Order Types 101 – Learn Before You Trade 📈

Understanding different order types is key to managing risk and making smarter trades. Here are the basics:

🔹 Market Order

Instantly buys or sells at the best available price.

✅ Fast execution

⚠️ Less control over price

🔹 Limit Order

You set the price you want to buy/sell at.

✅ More control

⚠️ Might not execute if price isn’t reached

🔹 Stop-Loss Order

Automatically sells when price drops to your set level.

✅ Great for managing risk

⚠️ Can trigger in sudden volatility

🔹 Take-Profit Order

Locks in profits when price hits your target.

✅ Secure your gains

⚠️ May miss higher peaks if set too early

🧠 Pro Tip: Combine Stop-Loss + Take-Profit with your Limit Orders for a strong risk management strategy.

Smart trading isn’t just about buying and selling — it’s about using the right tools at the right time.