#交易类型入门

Common and prevalent in secondary market trading are contracts and spot trading.

In terms of spot trading, the method of making a profit is very simple: buy low and sell high. If you are optimistic, buy when the currency price is low and sell when the price rises. The biggest advantage is that there is no concern about liquidation; if you lose money, the worst case is that the currency price drops to zero, resulting in a total loss of the invested amount.

For contracts (perpetual contracts), the basic method of profit is also to buy long if you are optimistic and sell short if you are not optimistic.

Looking at opening contracts at market price:

Buy long: buy now and sell in the future. If the currency price rises 👉 make money

Sell short: sell now and buy in the future. If the currency price falls 👉 make money

Conversely, it would result in a loss.

Additionally, whether it's spot trading or contracts, there are two main differences between limit orders and market orders:

Limit order: executed at a pre-set price with lower fees

Market order: executed immediately at the current currency price with higher fees

Therefore, it is best to assess the situation before placing an order; if you are not in a hurry, limit orders can save a lot on fees!

**Conditional orders also fall under market orders