#OrderTypes101 #OrdersTypes101 📑 | Master the basics of placing orders

When you trade on a CEX or a DEX, knowing which type of order to use can make all the difference. Here’s a quick guide to never getting it wrong again 👇

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📌 1. Market Order

⚡ Immediate execution at the current price

✅ Fast and simple

❌ No control over the exact price

💡 Use it when you want to enter or exit quickly, regardless of the exact price

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📌 2. Limit Order

🎯 You set your buying or selling price

✅ Better control over your price

❌ May never be executed if the market doesn't hit your price

💡 Ideal for buying low or selling high with precision

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📌 3. Stop Order / Stop-Loss

🚨 Triggers an automatic sale if the price reaches a critical level

✅ Protects your capital in case of a drop

❌ Can be triggered by a temporary spike

💡 Perfect for managing your risk and avoiding heavy losses

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📌 4. Take-Profit Order

💰 Triggers when the price reaches your target

✅ Automatically locks in profits

💡 An ideal complement to the stop-loss in a planned strategy

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📌 5. OCO (One Cancels the Other)

🔁 Combines a limit order + a stop-loss

✅ Only one of the two will be executed

💡 Ultra useful for trading with a complete plan (target + protection)

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🎯 Conclusion:

A good trader doesn’t just choose when to enter, but also how to enter and exit the market. Your orders are your precision tools.

👉 What type of order do you use most often? Let us know in the comments! 💬

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