A Beginner’s Guide to Smarter Crypto Trading
To trade effectively in crypto, understanding order types is just as important as analyzing charts. Using the right order at the right time helps you manage risk, control price entry, and secure profits.
Market Orders execute instantly at the best available price. Fast, but may lead to slippage during high volatility.
Limit Orders let you buy or sell at a specific price or better. Great for patience and price control.
Stop-Loss Orders automatically sell to minimize losses if the market moves against you.
Take-Profit Orders lock in profits once your target price is reached.
OCO (One-Cancels-the-Other) combines stop-loss and take-profit in one setup.
Mastering these tools helps you trade with discipline and protect your portfolio. Always plan your entry and exit—don't leave it to chance.