#OrderTypes101
Not all orders are created equal. Whether you're a newbie or a seasoned trader, understanding order types can make or break your strategy. Here's a quick guide:
✅ Market Order – Instant buy/sell at current price. Fast but risky in volatile markets.
📌 Limit Order – Set your own price. Great for control, but no guarantee it’ll fill.
🕒 Stop-Limit Order – Combines stop price + limit price. Ideal for minimizing losses or securing profits.
🔁 OCO (One Cancels the Other) – Two orders at once; when one fills, the other is cancelled. Smart risk management!
🎯 Use the right tool for the right move. It’s not just about buying low and selling high—it’s about buying smart.