#OrderTypes101
📚 Crypto Trading 101 for begginers: Order Types Explained
New to crypto? Knowing your order types is crucial for smarter trading. Here’s a quick breakdown 🧵👇
🔹 1. Market Order Buy/sell immediately at the best available price.
✅ Fast execution
⚠️ Possible slippage
🔹 2. Limit Order
Set the price you want to buy/sell at.
✅ Price control
⚠️ May not fill
🔹 3. Stop-Loss Order
Triggers a market order at a certain price.
✅ Risk management
⚠️ Still subject to slippage
🔹 4. Stop-Limit Order
Triggers a limit order at a stop price.
✅ Precision
⚠️ May not execute in fast markets
🔹 5. Trailing Stop
Stop price moves with the market.
✅ Locks in profits
⚠️ Can be hit by volatility
💡 Master these basics to avoid rookie mistakes and protect your capital.
#Crypto101