#OrderTypes101 #OrderTypes101

The most common orders in cryptocurrency trading are:

Market Order - this is executed immediately at the best market price.

Limit Order - allows you to set a specific price at which you want to buy or sell.

Stop Limit Order - combines a stop order with a limit order. When a trigger price (stop) is reached, a limit order is placed at a specific price.

OCO (One cancels the other) - Allows placing two orders simultaneously; if one is executed, the other is automatically canceled.

It is important to understand the type of order and verify which one is most useful for us. So far, I have used limit orders and market orders.

In the process of learning to use the others.