#OrderTypes101 #

OrderTypes101

. Let’s explain in detail the four basic types of orders that every cryptocurrency trader should know:

🔵 Market Order

➡️ Immediate buy/sell at the current market price

✔️ Fast execution

❗ May be subject to slippage in volatile markets

🟠 Limit Order

➡️ Set the desired price - the trade is only executed when the market reaches it

✔️ Greater control over entry and exit

❗ May not be executed if the price does not reach your target

🔴 Stop-Loss Order

➡️ Automatically sell if the price drops to the level you set

✔️ Protects against large losses

📌 Essential for risk management!

🟢 Take-Profit Order

➡️ Locks in profits when the price reaches the desired profit target.

✔️ Helps you realize profits without the need to monitor the market around the clock.

✅ Smartly combine these options for a balanced strategy. Don’t just trade, but trade with precision.$BTC