#OrderTypes101
๐ Order Types 101 โ Trade Smarter, Not Harder!
Understanding order types is a must for every trader. Hereโs a quick breakdown:
โก Market Order โ Fast execution at the best available price. Quick, but price may vary slightly.
๐ฏ Limit Order โ Executes only at your chosen price or better. More control, but no guarantees.
๐ก๏ธ Stop-Loss Order โ Auto-sell to cut losses if price drops to a trigger level.
๐ง Stop-Limit Order โ Combines stop-loss with limit pricing. More precision, but may not always fill.
๐ Knowing when and how to use each order type can make or break your trade.
Because smart traders donโt just act โ they strategize. ๐ผ๐