#OrderTypes101
To understand trading, one must know the types of orders:
1. Market Order:
Immediate execution at the current price. Fast but without a guarantee of the best price.
2. Limit Order:
Specify a certain price for buying or selling. It is only executed if the price reaches it.
3. Stop-Loss Order:
Activated when the price drops to automatically reduce losses.
4. Take-Profit Order:
Automatically closes the position when a certain profit is reached.
Knowing order types helps manage risk, control entries, and improve trading strategies.
Learning about orders means smarter trading and better control.