#OrderTypes101

In the world of trading, choosing the right type of order can make all the difference in your strategy. Here are some of the main types you need to know:

🔹 Market Order: The fastest! Executes the buy or sell immediately at the current available price. Ideal for those who prioritize speed over exact price.

🔹 Limit Order: Here, you set the maximum price you want to pay or the minimum you are willing to accept for selling. Perfect for those who want more control over trading values.

🔹 Stop-Loss Order: A shield against major losses! When the price reaches a certain value, the order is triggered automatically, reducing risks.

🔹 Stop-Limit Order: Combines the advantages of stop-loss and limit order, ensuring that your order is only executed from a specific price.

Which of these orders do you use the most?

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