#OrderTypes101
🔹 In the world of cryptocurrency trading, it is essential to understand the types of orders (Order Types) as they help you execute your strategies accurately.
The most common types are:
Market Order: Buy or sell at the best available price currently, executed immediately.
Limit Order: Specify a certain price for buying or selling, and it is executed only if the market reaches that price.
Stop Order: Activated when the price reaches a certain level, often used to stop loss.
Understanding these types can reduce risks and increase profit opportunities. Use the appropriate type according to your strategy and market behavior.
🔖 #OrderTypes101
🔗 Example: When trading BTC/USDT
