#OrderTypes101
📊 Order Type 101: Master the Basics of Trading 📈
Whether you're on a CEX or DEX, knowing how to place the right order is 🔑. Here's a quick breakdown:
💰 Market Order
➡️ Buys/sells immediately at the best available price
✔️ Fast, but less price control
📉 Limit Order
➡️ Sets a specific price to buy or sell
✔️ More control, but may take longer to fill
⏳ Stop Order (Stop-Loss)
➡️ Triggers a market order when a set price is reached
✔️ Helps limit losses
🧠 Pro tip: Use limit orders for precision and stop-loss orders to manage risk!