#OrderTypes101
Do you know what type of order you are using when buying or selling crypto?
Understanding the types of orders is essential for trading with strategy and avoiding surprises in the market. 💡
📌 Market Order – Executes immediately at the best available price. Fast, but may have slippage in high volatility.
📌 Limit Order – You set the price. The order will only be executed if the market reaches that value. Great for patience and precision.
📌 Stop-Loss / Stop-Limit – Protection against drops. Ideal for those who want to limit losses automatically.
📌 Take Profit – Lock in profits automatically when the price reaches your target.
🔁 Each type has its moment. Which one do you use the most — or have you used incorrectly?