#OrderTypes101 ! Master the art of buying and selling! In trading, understanding the types of orders is key to having total control over your investments.
👉 Market order: buy or sell at the best available price, ideal for quick executions.
👉 Limit order: set an exact price; perfect for those looking to optimize their entry or exit costs.
👉 Stop loss: protects your profits or limits losses by triggering an automatic sale when a certain price is reached.
👉 Take profit: secures profits by automatically selling when the target price is reached.
Knowing them makes you a more strategic trader. 🚀