#OrderTypes101

🎯 Understanding these 4 orders means you're halfway to survival, my friends!

👉 1. Market Order

💨 Press to match immediately, no need to think.

🟢 Advantage: Quick and efficient.

🔴 Disadvantage: Whatever the market price is, that's what you'll get; if you match at a "sky-high" price, it's on you.

👉 2. Limit Order

🎯 "I will only buy/sell at this price, not a penny less!"

🟢 Advantage: You can control the price.

🔴 Disadvantage: Sometimes you sit and wait forever and the order still doesn't match 😭

👉 3. Stop-Loss

🛑 Once the price drops to a certain level, sell immediately to prevent heartache.

🟢 Advantage: Reduces account losses.

🔴 Disadvantage: Sometimes you get "caught" by the sharks and the order matches, only for the price to rise again 🤡

👉 4. Take-Profit

💰 Once the price increases to the predetermined level, it automatically takes profit.

🟢 Advantage: Secure profits.

🔴 Disadvantage: After taking profit, you watch the coin soar again → it's frustrating to tears 🤬

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🧠 Mastering these 4 orders means at least you won't "accidentally hit the wrong button and lose everything".

💡 Whether you make a profit in trading depends on your mindset, the trend, and a bit of luck.