#OrderTypes101
🔍 A Quick Guide to Order Types
Choosing the right order type in crypto trading can make a huge difference in your success.
📌 Market Order — Great for quick entries/exits, but you might get a slightly different price due to slippage.
📌 Limit Order — Lets you buy/sell at a specific price, giving you better control.
📌 Stop-Loss — Helps protect your capital by limiting potential losses.
📌 Take-Profit — Automatically closes your trade when your target profit is hit.
💡 My favorite: Stop-Loss — because it protects me from unexpected market moves.
📈 One time, I used a market order for a fast entry, but due to sudden volatility, I got a bad fill. Since then, I prefer using limit orders for better control!