#OrderTypes101
๐ Mastering order types is key to smart trading!
๐น Market Order: Executes instantly at the current price. Great for speed, but price may slip.
๐น Limit Order: You set the price. The order fills only when the market hits your targetโideal for precision.
๐น Stop-Loss Order: Automatically sells to prevent bigger losses. A must-have risk management tool!
๐น Take-Profit Order: Locks in gains by selling when your target price is reached.
โ Using the right order type helps control risk, improve entries/exits, and optimize profits.
Learn, practice, and level up your trading game!
๐ง Which order type do you use most