#OrderTypes101 🧠💹
Knowing how to buy and sell is just as important as what you trade. Let’s break down the 4 essential order types every crypto trader should know:
🔵 Market Order
➡️ Instant buy/sell at the current market price
✔️ Fast execution
❗ Can suffer from slippage in volatile markets
🟠 Limit Order
➡️ Set your desired price — the trade executes only when the market reaches it
✔️ More control over entry/exit
❗ May not fill if the price never hits your target
🔴 Stop-Loss Order
➡️ Automatically sell if the price drops to your set level
✔️ Protects from big losses
📌 Essential for risk management!
🟢 Take-Profit Order
➡️ Locks in gains when the price hits your profit target
✔️ Helps you secure profits without watching the market 24/7
✅ Combine these smartly for a balanced strategy. Don’t just trade — trade with precision.