Do you know how to use trading orders well? This can make the difference between winning and losing
Here I explain the basic orders you should know 👇:
🔹 1. Market Order
- Enters or exits the market at the current price.
✅ Executes instantly.
❌ But it may be a different price than expected.
📌 Use it when: you need to enter quickly.
🔹 2. Limit Order
- You place an order to buy or sell at a specific price.
✅ You control the entry/exit price.
❌ It does not execute if the market does not reach that price.
📌 Use it when: you want to buy cheap or sell more expensive with patience.
🔹 3. Stop-Loss
- Activates when the price reaches a certain level of loss and automatically closes your position.
✅ Controls losses.
❌ If you don’t use it, you can get liquidated or lose more than you expect.
📌 Always use it: define your risk level from the moment you open a trade.
🔹 4. Take-Profit
- An order that closes your trade when you reach a defined profit.
✅ Secures profits without getting overly excited.
❌ Sometimes the price keeps rising, but you are already out.
📌 Use it when: you already have a clear profit target and want to trade with discipline.
🔹 Which one do I use and recommend?
My preferred order is a combination of Limit + Stop-Loss + Take-Profit.
This allows me to:
+ Enter at a good price (Limit),
+ Control risk (Stop-Loss),
+ And secure profits (Take-Profit)
✅ All with a single setup.
The market is unpredictable, but you can prepare yourself, trade with your head, not with emotions. $BTC $ETH $XRP
