#OrderTypes101
Mastering order types is key to executing smart crypto trades. Here's your quick-start guide:
🟢 Market Order
Executes immediately at the best available price.
✔️ Fast, but may have slippage in volatile markets.
🟡 Limit Order
You set the price. Executes only when the market hits it.
✔️ Great for precision.
❗ Might not fill in fast-moving markets.
🔴 Stop-Loss Order
Automatically sells your asset to prevent big losses.
✔️ Essential for risk management.
🟣 Take-Profit Order
Locks in gains when your asset hits a target price.
✔️ Smart exit strategy.
Use the right order for the right moment. 🎯
#CryptoTrading #RiskManagement #TradingTips #CryptoBasics #DeFi
