#TrumpBTCTreasury #OrderType101: Understanding Trading Orders
In trading, order types help manage risk and maximize profits. Here are the basics:
- *Market Order*: Buy or sell at current market price.
- *Limit Order*: Buy or sell at specified price or better.
- *Stop-Loss Order*: Sell when price falls below set level to limit losses.
- *Take-Profit Order*: Sell when price reaches set level to lock in profits.
- *Stop-Limit Order*: Combination of stop-loss and limit orders.
Mastering order types can help you navigate markets with confidence.