#OrderTypes101 š¦ #OrderTypes101
Understanding order types is key to smarter investing! š” There are several types you should know:
Market Order: Buys or sells immediately at the best available price.
Limit Order: Sets a specific price you're willing to buy/sell atāgreat for control.
Stop Order: Triggers a market order when a set price is hitāuseful for minimizing losses.
Stop-Limit Order: Combines stop and limitāoffers control but no guarantee of execution.
Each type serves a different strategy. Choose wisely based on your goals and risk tolerance. š
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