#OrderTypes101

📊 Order Types 101: Master the Basics Before You Trade 🧠📉📈

Understanding order types is essential to becoming a smart trader. Here are the most common ones:

🔹 Market Order: Executes instantly at the best available price. Fast but less control—great for quick entries/exits.

🔸 Limit Order: You set the price. It only executes when the market hits your target. More control, but no guarantees it’ll fill.

🔹 Stop Order: Triggers a market order when a specific price is hit—often used to stop losses or enter breakouts.

🔸 Stop-Limit Order: A mix of stop and limit—you get precision, but it may not execute in volatile markets.

💡 Pro tip: Use the right order type to match your strategy and manage risk like a pro.