The Basics You Must Know
1. 🟩 Market Order
= Executes instantly at the best available price.
= ✅ Good for: When speed matters more than price.
= ⚠️ Risk: Price slippage (especially in low liquidity coins).
2. 🟨 Limit Order
✓ You set the price at which you want to buy or sell.
✓ ✅ Good for: Getting a better price.
✓ ⚠️ Risk: Might not fill if the price doesn’t reach your limit.
3. 🟥 Stop-Limit Order
~ Two prices: Stop Price (trigger), Limit Price (order placement).
~ ✅ Good for: Precision stop-loss or entry strategies.
~ ⚠️ Risk: If price gaps past your limit, it might not execute.
4. 🔵 Stop-Market Order
• Triggered at the stop price, but executes at market price.
• ✅ Good for: Emergency exits or fast stop-losses.
• ⚠️ Risk: You don’t control the execution price.
5. 🟠 OCO (One Cancels the Other)
~ Two orders: A limit and a stop-limit. If one executes, the other cancels.
~ ✅ Good for: Setting a take-profit and stop-loss simultaneously.
6. 🟣 Trailing Stop Order
~ Moves your stop price with the market (by a set % or value).
~ ✅ Good for: Locking in profits as price moves in your favor.
~ ⚠️ Risk: Can trigger prematurely in volatile markets.
🧠 Tips:
~ Always use stop-losses — protect your capital.
~ Use limit orders in low liquidity tokens.
~ Try OCO for hands-free take-profit + protection.
~ Don’t “market buy” large amounts at once in small-cap coins — split the order.
