📉 90% of novice traders lose money for not knowing how to use orders properly.
Today I explain the 4 most important ones with simple examples 💡👇
🟢 1. Market Order
🔹 Buy or sell at the current market price.
➡️ Ideal if you want to enter quickly.
⚠️ But the price you see may vary from the price that executes.
> Example: “I want to buy BTC now!” — you make a market order, and it executes in seconds.
🟡 2. Limit Order
🔹 You choose the price at which you want to buy or sell.
➡️ Executes only if the market reaches that price.
✅ Very useful if you want to buy cheap or sell more expensive.
> Example: BTC is at $70,000, you set a limit order at $67,000. You wait.
🔴 3. Stop-Loss (or Stop Limit)
🔹 Used to exit a trade if the price falls.
➡️ Protect your investment.
✅ Essential if you don't want to get stuck in losses.
> Example: You bought BTC at $65,000. You set a stop at $63,000. If it falls, you sell automatically.
⚖️ 4. OCO (One Cancels the Other)
🔹 Combines a limit order and a stop order.
➡️ You set a profit target and a loss protection at the same time.
✅ If one executes, the other cancels.
> Example: You bought at $60,000. You set:
🟢 Sell if it rises to $66,000
🔴 Or sell if it drops to $58,000
🧠 Moral:
You're not in a casino. Knowing how to use these types of orders well makes the difference between trading like an amateur or a pro.
The control is in your hands! 💪💹
💬 What type of order do you use the most? I’m listening below! 👇
