#OrderTypes101
If you are a follower of LUNC, you need to know the basic trading orders! ๐
#OrderTypes101
LUNC is one of the cryptocurrencies that experiences strong fluctuations, and knowing the types of trading orders helps you protect your balance and seize smart opportunities.
If you want to enter the market quickly at the current market price, use a "Market Order," but you need to be aware that the price may change at the moment of execution.
On the other hand, if you have a specific price in mind for buying or selling, use a "Limit Order" โ this gives you greater control and prevents you from entering at a price higher or lower than what you want.
If you have a plan to exit at a certain drop to protect your profits or minimize losses, a "Stop Order" will be useful.
And if you want a mix of protection and control, a "Stop-Limit Order" is an excellent option.
Every smart trader in LUNC must know when to use each type of order to achieve the best results.