*Order Types 101 🧠📊*
Understanding order types is key to smart trading!
- *Market Order*: Executes instantly at the current price—fast but may face slippage.
- *Limit Order*: Sets your own price—executes only when the market hits it. Great for control.
- *Stop Order*: Triggers a buy/sell once a specific price is reached—used to enter or exit positions.
- *Stop-Limit Order*: Combines stop and limit for precision.
- *Take Profit/Stop Loss*: Automates exits to lock gains or minimize losses.
Master these tools to trade smarter, not harder! 🚀📉