#OrderTypes101 #OrderTypes101

No trading, understanding the different types of orders is essential to optimize operations and reduce risks. Each order has a specific purpose and can directly impact your results.

Market order: Executed immediately at the best available price, ideal for those seeking speed.

Limit order: Sets a specific price for buying or selling, ensuring greater control over the trade.

Stop-loss: Protects against losses by automatically selling when the price reaches a certain level.

Trailing stop: Dynamically adjusts the stop-loss as the price moves, maximizing gains.

Mastering these concepts can be the key to more efficient and profitable trading!