#OrderTypes101
đ #OrderTypes101 â Master the Basics! đ§
Whether you're trading crypto, stocks, or forex, knowing your order types is non-negotiable. Hereâs your crash course:
đą Market Order
â Buy/Sell instantly at the best available price.
âïž Fast
â ïž No price control
đĄ Limit Order
â Set your price, wait for the market to come to you.
âïž Price control
â ïž May not fill
đŽ Stop Order (aka Stop-Loss)
â Trigger a market order when a set price is hit.
âïž Protects from big losses
â ïž Can slip in fast markets
đ Stop-Limit Order
â Combines stop & limit. Triggered at one price, filled at another.
âïž Precision
â ïž Might not execute in volatile conditions
đŻ Pro Tip:
Market = Speed đš
Limit = Control đŻ
Stop = Protection đĄïž
Know your tools. Trade smarter. đȘ
#TradingTips #CryptoTrading #InvestingBasics #OrderTypes101