📊 Order Types 101 – Master the Basics of Trading

When trading crypto (or any asset), you’ll use different order types depending on your strategy. Here are the main ones you need to know:

🟢 Market Order

Buy/sell immediately at the current price.

✅ Fast & simple

❌ You might not get the best price during volatility

🔵 Limit Order

Set the exact price you want to buy/sell.

✅ More control

❌ Won’t execute unless the market reaches your price

🟡 Stop-Limit Order

A two-part order: once the market hits a trigger (stop price), it places a limit order.

✅ Great for risk management

❌ More complex—needs careful setup

🔴 Stop-Market Order

When the stop price is hit, it places a market order instead.

✅ Useful for quick exits

❌ May execute at a worse price during fast moves

🎯 Tip:

Use market orders when speed matters

Use limit orders when precision matters

Use stop orders for safety and risk control

honest remark: this is AI generated, but I've checked the reliability of all the stated informations,so no need to worry.

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