📈 #OrderTypes101: Know Before You Trade! 🧠💹
Before jumping into the market, it’s key to understand the types of orders you can place:
✅ Market Order – Buy/sell immediately at the best available price. Fast but not always precise.
📊 Limit Order – Set your exact price. Great for control, but it may not execute.
🔔 Stop Order – Becomes a market order once a trigger price is hit. Often used to limit losses.
🛡️ Stop-Limit Order – Triggered like a stop order, but only executes at your limit price. Best of both worlds (kind of).
💡Pro tip: Always use the right order type for your strategy and risk tolerance.
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