๐ Trading Words Explained #10
๐ Market Order
๐ What is a Market Order?
A market order is when you buy or sell a coin instantly at the best available price.
โก๏ธFast but risky!
๐ฅ Example:
You place a market buy for $SOL,
and it fills immediately at the current ask price.
๐ข Pros:
Instant execution
Useful in fast markets
๐ด Cons:
Can cause slippage
No control over entry price
๐ก Tip: Use market orders when speed matters more than precision โ like during breakouts ๐
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