#OrderTypes101

🎯 Order Types 101: in simple words, how I figured it out

When I first started trading, the charts seemed understandable, but these Market, Limit, Stop-Limit, OCO — felt like a dark forest.

🤯 They seem like simple words, but the decisions are risky.

📌 I'm sharing what really helped me stop 'clicking randomly'.

🔸 Market Order — the 'just buy/sell' button

I pressed it the most at first. I wanted to 'enter quickly', and that's what I did.

Then I saw: I bought higher than I planned.

Reality: works quickly, but the price may not be favorable.

➡️ Good when the market is flying and you need to act instantly.

🔸 Limit Order — 'I want to buy, but only at my price'

This is my love after I 'overpaid' a few times.

I set the order, for example, to buy BTC at $66,000, and it waits until the price reaches that point.

➡️ Not rushed, but more profitable.

🔸 Stop-Limit — for protection and smart strategy

It hurt to see the price drop while I did nothing 😅

Stop-Limit is my life jacket:

• if the price falls below a certain level — a stop-sell is triggered

• but there is also a limit on how much exactly to sell

➡️ Smart if you don't want to lose more than you're willing to.