#OrderTypes101 types are more than just buttons on a screen—they're the engine behind when, how, and at what price your trades get filled. Mastering them is key to taking control of your trading game. Here's a breakdown to get you started:
🔹 Market Order – Fast and simple. Executes immediately at the best available price. Perfect for volatile moments when entry or exit speed matters more than price.
🔹 Limit Order – Precision mode ON. You set the exact price you're willing to buy or sell at. Great for catching dips or exits without chasing the market.
🔹 Stop-Loss Order – Your safety net. Automatically exits a trade at a predetermined loss point. Essential for protecting your capital and removing emotion from exits.