Order Types & Execution
Master the mechanics of placing and executing trades
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Market Makers & Liquidity
The Language of Trading
When you click "buy" or "sell," you're not just executing a transaction—you're placing an order with specific instructions. Different order types give you control over price, timing, and execution strategy. Understanding them is critical for minimizing costs and maximizing control.
Why Order Types Matter
✅ Smart Execution
• Control entry and exit prices
• Minimize slippage costs
• Automate risk management
• Optimize fill rates
❌ Poor Execution
• Pay unnecessary spreads
• Miss target prices
• Expose to flash crashes
• Trigger emotional decisions
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Pro Insight
Professional traders spend years mastering order execution. A 0.1% improvement in execution quality on $1M daily volume = $250k annual savings. For retail traders, understanding order types can save thousands and prevent costly mistakes.