#OrderTypes101 # Stop-Limit Order vs Stop-Market Order: Essentials of Risk Management
Do you want to protect your profits or cut your losses automatically? Then it's time to understand Stop-Limit and Stop-Market orders - two essential tools for risk management in crypto.
A Stop-Market order triggers a market order once a specific stop price is reached. It's ideal for exiting quickly during sudden moves, but slippage can occur in volatile conditions.
A Stop-Limit order gives you more control: when your stop price is reached, a limit order is placed. However, if the market moves too quickly, your order may not be executed at all.