#OrderTypes101 If you're serious about crypto trading, understanding order types isn’t optional — it’s essential. That’s the purpose of #OrderTypes101 — helping traders of all levels sharpen their strategy with the right tools. 🧠📊
Let’s break down the key order types you need to know:
🔹 Market Order: This is the most straightforward. It buys or sells immediately at the best available price. Great for speed, but not ideal when prices are volatile — you might get less than expected.
🔹 Limit Order: Set your desired price and wait. The order will only execute when the market hits your target. This is ideal when you want more control over your entry or exit — no surprises!
🔹 Stop-Limit Order: This is a two-step tool. First, set a stop price that triggers the order, and then a limit price at which it should execute. Perfect for managing risk, especially in fast-moving markets.