📘 #OrderTypes101 – Quick Guide
Market Order
🔹 Buy/sell immediately at the best price.
Limit Order
🔹 Buy/sell only at a specific price or better.
Stop Order (Stop-Loss)
🔹 Triggers a sale when price drops to a certain point.
Stop-Limit Order
🔹 Combines stop + limit: triggers a trade only within your price range after hitting the stop.
Take Profit Order
🔹 Auto-sells when price rises to your profit target.
Market Order
🔹 Buy/sell immediately at the best price.
Limit Order
🔹 Buy/sell only at a specific price or better.
Stop Order (Stop-Loss)
🔹 Triggers a sale when price drops to a certain point.
Stop-Limit Order
🔹 Combines stop + limit: triggers a trade only within your price range after hitting the stop.
Take Profit Order
🔹 Auto-sells when price rises to your profit target.