#OrderTypes101

Order Types 101 (Crypto Trading):

Market Order:

Buys or sells immediately at the current market price.

Best for speed, not precision.

Limit Order:

Sets a specific price to buy or sell.

Executes only when the market hits your target price.

Stop-Loss Order:

Sells your asset if the price drops to a certain point.

Used to limit losses.

Take-Profit Order:

Sells your asset when a set profit level is reached.

Locks in gains automatically.

Stop-Limit Order:

Combines stop-loss and limit—triggers a limit order once a stop price is reached.

Gives more control, but might not always execute.

Quick Tip:

Know your strategy. Use market orders for speed, limit orders for precision, and stop/limit tools to manage risk.