#OrderTypes101 📦 #OrderTypes101
Understanding order types is key to smarter investing! 💡 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 at—great for control.
Stop Order: Triggers a market order when a set price is hit—useful for minimizing losses.
Stop-Limit Order: Combines stop and limit—offers control but no guarantee of execution.
Each type serves a different strategy. Choose wisely based on your goals and risk tolerance. 📊
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