#OrderTypes101

Knowing how to buy and sell is just as important as knowing what you are trading. Let's explain in detail the four basic types of orders that every cryptocurrency trader should know:

Market Order

Instant buy/sell at the current market price

Quick execution

May be subject to slippage in volatile markets

Limit Order

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

Greater control over entry and exit

May not execute if the price does not reach your target

Stop Loss Order

Automatically sell if the price drops to the level you specified

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.

✅ Combine these options wisely for a balanced strategy. Don't just trade, but trade accurately.