#OrderTypes101
🚀 Do you trade but don't know what type of order you are using? 😨
You might be losing money without realizing it.
📘 #OrderTypes101 – Learn in 1 minute:
🔹 Market order: Executes at the current price.
➡️ Quick, but watch out: there may be slippage if the market is volatile.
🔹 Limit order: You set the price at which you want to buy or sell.
➡️ Ideal if you don't want to pay more than necessary, but it may never execute.
🔹 Stop-loss order: Protects your losses if the price falls.
➡️ Your emotions won't save your capital. This will.
🔹 Take-profit order: Closes with profits automatically.
➡️ Not everything is FOMO. You need to know when to exit too.
🎯 The trader who masters orders doesn't chase the market, they control it.
📲 Which one do you use the most? And which one confused you before? Comment below 👇