Quick List: 3 Types of Orders That Will Improve Your Trades (Beyond Market Order)
Using only "Market Order" (buying at the current price) is an amateur approach. Professionalize your trades:
Limit Order: Sets the MAXIMUM price you are willing to pay. The order only executes at that price or better. Great for buying at support levels.
Stop-Loss Order: Automatically sells your asset if it hits a certain drop price, protecting you from significant losses.
Take-Profit Order: Automatically sells your asset when it reaches a profit target, securing your gains.
Optimized CTA: Next time you trade $ETH, explore the trading interface and practice using a Limit Order. Click the cashtag to go to the trading page.