#OrderTypes101
📘 #OrderTypes101 – Master the Basics of Trading Orders! 🧠💹
Understanding order types is essential for smart trading. Whether you're in stocks or crypto, the right order can make a big difference in how and when your trade gets executed.
✅ 1. Market Order:
Executes immediately at the best available price.
📌 Best for speed, but price may vary in volatile markets.
📉 2. Limit Order:
Sets a specific price to buy or sell.
📌 Gives you control over price, but may not fill if the market doesn’t reach it.
🚨 3. Stop Order (Stop-Loss):
Triggers a market order when a certain price is hit.
📌 Helps limit losses or protect profits.
🔒 4. Stop-Limit Order:
Triggers a limit order at your set stop price.
📌 Combines control with protection but may