๐Ÿ“Š #OrderTypes101 โ€“ Master the Basics of Trading Orders

Whether you're on a CEX or DEX, knowing your order types is key to smart trading. Hereโ€™s a quick breakdown:

๐ŸŸข Market Order:

โฉ Executes instantly at the current market price.

โœ… Fast, but may suffer from slippage.

๐ŸŸ  Limit Order:

๐ŸŽฏ Set your price, wait for the market to match it.

โœ… Control over entry/exit, but not guaranteed to fill.

๐Ÿ”ด Stop-Loss Order:

๐Ÿ›‘ Automatically sells if price drops to your set level.

โœ… Helps protect your capital.

๐ŸŸฃ Take-Profit Order:

๐Ÿ’ฐ Automatically sells when price hits your target.

โœ… Locks in gains.

๐Ÿ”„ Combine Stop-Loss + Take-Profit for better risk management!

๐Ÿ’ก Tip: Mastering order types is step one to becoming a disciplined trader.

Which order type do you use the most?

๐Ÿ‘‡ Let us know in the comments!

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