#OrderTypes101

Mastering trading starts with knowing how to place your orders. Here are the main types:

1. Market Order ⚡ – Executes instantly at the best available price. Great for speed, but can slip in volatile markets.

2. Limit Order 🎯 – Set your own price. The trade only executes if the market hits it. Ideal for control.

3. Stop-Loss Order 🛑 – Automatically sells (or buys) to limit your losses. Essential for risk management.

4. Take-Profit Order 💰 – Locks in gains by selling (or buying) once your target is reached.

5. Stop-Limit Order 🔐 – Combines stop-loss with a limit. More control, but it may not execute.

Each order type fits a different strategy.

Use them wisely—timing and discipline are everything.

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