#OrderTypes101
🛒 Did you know that choosing the order type may determine the outcome of the trade?
🔹 Market Order: Executed immediately at the best available price. Suitable in cases of high liquidity.
🔹 Limit Order: You specify the price at which you want to buy or sell, useful for avoiding sharp fluctuations.
🔹 Stop Order: Activated when the price reaches a certain level. Used to protect profits or stop losses.
🔹 Stop-Limit: Combines stop and limit, more precise in managing risks.
📈 Choosing the right type helps you execute your strategy efficiently and reduce risks. Don't trade without understanding these types!#OrderTypes101