#OrderTypes101 📘 #OrderTypes101: Master the Basics Before You Trade!
Not all orders are created equal. Knowing the difference can make or break your strategy. Here’s a quick guide:
🔹 Market Order – Buy/Sell instantly at the best available price. Speed > precision.
🔹 Limit Order – Set your exact price. The trade executes only if the market hits your target.
🔹 Stop-Limit Order – Think of it as a trigger. When price hits your stop, a limit order is placed.
🔹 Stop Market Order – A stop that becomes a market order. Great for stop-losses.
🔹 OCO (One Cancels the Other) – Place two orders; if one executes, the other is canceled. Smart risk control.
🎯 Choose the right order type for your strategy, not your emotions.
💬 Tried any of these? Which one do you use most often?
👇 Drop your answer below!
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