#OrderTypes101
🧾 #OrderTypes101 – Know Your Crypto Orders 🧾
Mastering order types can level up your trading game. Here’s a quick rundown:
🔹 Market Order: Executes immediately at the best available price.
➡️ Fast, but price may vary in volatile markets.
🔹 Limit Order: You set the price; trade executes only if the market hits it.
➡️ More control, but might not fill.
🔹 Stop-Limit Order: A trigger price starts a limit order.
➡️ Great for risk management and automation.
🔹 OCO (One Cancels the Other): Two linked orders—when one is executed, the other is canceled.
➡️ Helps set targets and stop-loss together.
💡 Pro Tip: Choose the right type for your strategy to avoid surprises!
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