#OrderTypes101

Understanding order types is essential for anyone trading in crypto or traditional markets. The most common order types include market orders, limit orders, and stop orders. A market order executes immediately at the current price, ideal for quick buys or sells but can lead to slippage. A limit order lets you set the exact price at which you want to buy or sell—great for precision, but it may not get filled if the market doesn’t reach your target. A stop-loss order helps minimize risk by automatically selling if the price drops to a certain level. Mastering these order types helps traders execute better strategies and reduce losses.