#OrderTypes101

**📊 #OrderTypes101: Essential Guide for Traders**

Do you know what type of orders to use in each situation? Master them with this quick breakdown:

### 🔄 Basic Orders (For Everyone)

1️⃣ **Market Order**

- Immediate execution at the best available price

- Ideal when you need to enter/exit quickly

- ❗ Be careful with slippage in volatile assets

2️⃣ **Limit Order**

- Set the exact price for buying/selling

- Executes ONLY if the market reaches your price

- Perfect for range strategies

3️⃣ **Stop-Loss**

- Automatic protection against losses

- Becomes a market order when your price is hit

4️⃣ **Take-Profit**

- Automatically closes positions with profits

- Eliminates emotionality from trading

### 🚀 Advanced Orders

5️⃣ **Stop-Limit**

- Combines stop + price limit

- Avoids unwanted executions in volatility

6️⃣ **Trailing Stop**

- Stop-loss that "follows" the favorable price

- Locks in profits in upward trends

💡 **Pro Tip:** In crypto, use limit orders + stop-loss for greater control.

What is your favorite order? 👇 #TradingTips

[📌 Do you want me to elaborate on any? Let me know!]