#OrderTypes101
🔶Mastering Crypto Order Types: A Deep Dive!
Explore the different order types in crypto trading – Market, Limit, Stop-Loss, and Take-Profit Orders.
Understanding these is crucial for effective trading:
* Market Orders: Execute immediately at the current market price.
* Limit Orders: Buy or sell at a specific price or better.
* Stop-Loss Orders: Limit potential losses by closing a position when a certain price is reached.
* Take-Profit Orders: Secure profits by closing a position when a certain price is reached.