#OrderTypes101 Order types are essential tools in crypto trading, determining how and when trades are executed. Market Orders execute instantly at the current market price, ideal for speed but vulnerable to volatility. Limit Orders allow you to set a specific price for buying or selling, offering better price control. Stop-Loss Orders protect against significant losses by selling at a predetermined price. Take-Profit Orders secure profits by selling at a target price. My go-to is the limit order for its price control. In a past trade, a stop-loss order minimized a 20% loss during a sudden drop. #OrderTypes101
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.