#OrderTypes101 📘 #OrderTypes101: Master the Tools of Every Trader

If you're trading without understanding order types, you're flying blind. Here's a quick guide to level up your moves 🎯👇

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1️⃣ Market Order ⚡

🚀 Executes instantly at the current market price

✅ Best for: Speed > Precision

⚠️ Risk: Slippage during high volatility

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2️⃣ Limit Order 🎯

⏳ Executes only at your target price (or better)

✅ Best for: Patience, precision entries/exits

⚠️ Risk: Might never fill if price doesn’t reach your level

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3️⃣ Stop-Loss Order 🛑

🛡️ Automatically sells when price hits a loss threshold

✅ Best for: Risk management

⚠️ Risk: Triggering during fakeouts or flash crashes

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4️⃣ Take-Profit Order 🤑

🎉 Closes your trade when your profit target hits

✅ Best for: Locking in gains

⚠️ Risk: Market could go further — but you’re out

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5️⃣ OCO (One Cancels the Other) 🔁

📦 Combines a limit sell + stop-loss in one order

✅ Best for: Smart exit planning

⚠️ Risk: Needs good setup to avoid early triggers

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Which order type do you use most often?

Comment below: “Market”, “Limit”, “SL”, “TP” or “OCO” — let’s see who’s playing it smart 🧠📊