#OrderTypes101 Order Types 101: Understanding crypto order types is essential for precise trade execution and effective risk management. The most common are market orders (executed instantly at current market price) and limit orders (executed only at a specified price or better). Stop-loss and take-profit orders are risk-control tools that automate exits at predefined thresholds. Stop-limit orders combine conditions for more control during volatility. Advanced users may leverage trailing stops, OCO (One Cancels the Other), or algorithmic orders to enhance execution strategy. Choosing the right order type ensures optimal entry and exit points, minimizes slippage, and aligns trading activity with investment goals. Smart order placement is key to disciplined, efficient market participation.