#OrderTypes101 📊 #OrderTypes101
Understanding order types is key to trading smarter, not harder. 💡 Here’s a quick breakdown:
🔹 Market Order – Executes instantly at the best available price. Great for speed, not always for price control.
🔹 Limit Order – You set the price. It only executes when the market hits your target. Perfect for planning entries and exits.
🔹 Stop-Limit Order – Combines stop-loss and limit features. It protects your downside while giving you price control on execution.
🔹 OCO (One Cancels the Other) – Set two orders (e.g., limit sell + stop-limit sell). When one is triggered, the other is canceled. Ideal for managing volatile positions!
Master these tools and take control of your crypto strategy. 🧠💰