#CEXvsDEX101

This refers to a basic introduction and explanation of the different types of orders used in financial trading (whether in stock markets, cryptocurrencies, or others).

This term aims to simplify the concepts related to order types to help new traders understand how to place orders to buy or sell assets.

In general, when you see "OrderTypes101", you can expect an explanation of the following main types of orders.

* Limit Orders: These orders allow you to set a specific price at which you want to buy or sell. The order will only be executed if the market price reaches the specified price or better.

* Stop-Loss Orders: Used to minimize potential losses. A sell order is triggered when the asset's price drops to a certain level that you set in advance.

* Take-Profit Orders: Used to secure profits. A sell order is triggered when the asset's price rises to a certain level that you set in advance.

* Stop-Limit Orders: Combine the characteristics of stop orders and limit orders. They are triggered when the price reaches a certain level (the stop price), but they are executed as a limit order at a specified price.

The goal of "OrderTypes101" is to provide traders with the knowledge necessary to make more strategic trading decisions and effectively manage risks.