#OrderTypes101

OrderTypes101 – Mastering Crypto Like a Pro!

New to trading? Confused by terms like limit, market, or stop-limit? Let’s break down the basics.

🔹 Market Order – Want instant action? A market order buys or sells immediately at the best available price. Perfect for fast moves, but watch for slippage!

🔹 Limit Order – Prefer control? Set your ideal price and wait. The trade only executes when the market hits your target. Great for planning entries and exits.

🔹 Stop-Limit Order – Set a trigger and a limit. It's a smart way to protect profits or cut losses when volatility hits.

🔹 OCO (One Cancels the Other) – Place two orders simultaneously. When one fills, the other cancels. Ideal for automated risk management.

Understanding these order types can level up your trading game, reduce panic, and improve strategy. Don’t just HODL—trade smart!