#OrderTypes101

Did you know that choosing the right order type can make a difference in your trades? 🚀 Here I explain the **4 basic types** that every trader should know:

1️⃣ **Market Order**

- Buy/Sell **at the current** market price.

- ⚡ Fast, but with no control over the exact price.

- *Example:* Buy BTC right now at the available price.

2️⃣ **Limit Order**

- Set a **specific** price to execute your order.

- 🎯 Ideal for entering/exiting with control.

- *Example:* "Buy ETH if it drops to $3,200".

3️⃣ **Stop-Loss Order**

- Automates selling to **limit losses**.

- 🛡️ Protects your capital if the market moves against you.

- *Example:* Sell SOL if it drops to $140 (to avoid further losses).

4️⃣ **Take-Profit Order**

- Closes your position when it reaches a **desired profit**.

- 💰 Locks in gains before the market retraces.

- *Example:* Sell BTC if it rises to $72,000.

🔍 **Bonus:** Advanced orders like **OCO (One-Cancels-the-Other)** combine Stop-Loss and Take-Profit into a single strategy.

Which one do you use the most? Comment! 👇