#OrderTypes101 OrderTypes101
🚀 Understand the market... before entering a trade!
In the crypto world, the type of order you use determines if you are "smart in the market" or "a victim of the whales" 🐋
Let's get to know the basic types👇
🔹 Market Order
You buy or sell now at the best available price.
✅ Fast
⚠️ But you might pay more or sell for less due to price volatility.
🔹 Limit Order
You set the price that suits you, and the market executes when it reaches it.
✅ More accuracy
⏳ But execution is not guaranteed.
🔹 Stop Order
Protect yourself from sudden drops.
It works when the price reaches a certain point.
🛡️ The smart trader's tool!
🔹 Stop-Limit Order
Combines stop and limit — precise execution at a certain point at a specific price.
💬 The secret to success in trading?
⬇️
Understand when to use each type of order, and make your decisions well thought out, not random.