#OrderTypes101 🧠 Understanding Orders — The Foundation for Any Trader

Before you start trading cryptocurrency (or any other asset), it's important to understand what orders are and what types exist. This is the foundation of any trading strategy.

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🔹 What is an Order?

An order is a trader's request to buy or sell an asset at a specific price.

Orders create the market: they allow participants to trade with each other.

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🔹 Why Understand Types of Orders?

Different types of orders provide different levels of:

• ⚡ Execution speed

• 🎯 Price control

• 🛡️ Risk management

Understanding which order to use and when can protect against losses and increase profits.

📌 Conclusion:

✅ Understanding orders is like knowing the rules of the game.

If you don't know how to enter and exit the market, you are not managing money — you are playing in a casino.