#OrderTypes101
🛒 Market Order
🔥 Just Buy It!
👉 You place an order at the current market price. Fast, but no guarantees on exact price!
✅ Use it when speed matters.
🎯 Limit Order
💰 I Know My Price!
👉 You set your price, and the system waits to match it.
✅ Use it when you care more about price than speed.
🛡️ Stop-Loss Order
🚫 Save Me From Losses!
👉 Automatically sell (or buy) when a certain price is hit. Your safety net!
✅ Use it to manage risk.
🚀 OCO (One Cancels the Other)
🎲 Two Bets, One Outcome!
👉 Place two orders: if one triggers, the other gets canceled.
✅ Great for bracket strategies.
🛒 Market Order
🔥 Just Buy It!
👉 You place an order at the current market price. Fast, but no guarantees on exact price!
✅ Use it when speed matters.
🎯 Limit Order
💰 I Know My Price!
👉 You set your price, and the system waits to match it.
✅ Use it when you care more about price than speed.
🛡️ Stop-Loss Order
🚫 Save Me From Losses!
👉 Automatically sell (or buy) when a certain price is hit. Your safety net!
✅ Use it to manage risk.
🚀 OCO (One Cancels the Other)
🎲 Two Bets, One Outcome!
👉 Place two orders: if one triggers, the other gets canceled.
✅ Great for bracket strategies.