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SIRAJ UL HAQ WARDAG
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#OrderTypes101 Understanding the different order types in trading can make a huge difference in your success. The most common are market orders, which execute immediately at the current price, and limit orders, which allow you to set your desired price. Then there are stop-loss orders, designed to minimize losses by selling a coin once it drops to a specific price. Stop-limit orders give you even more control by combining the features of stop and limit orders. Knowing when and how to use each type helps you manage risk and seize opportunities. Master these tools to level up your trading game. #OrderTypes101
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#CEXvsDEX101 Choosing between a Centralized Exchange (CEX) and a Decentralized Exchange (DEX) can be a game-changer in your crypto journey. CEXs like Binance or Coinbase offer user-friendly interfaces, high liquidity, and customer support — ideal for beginners. However, they hold custody of your assets, which means trusting a third party. On the other hand, DEXs like Uniswap or PancakeSwap let you trade directly from your wallet, offering full control and privacy. But they often come with slower speeds, higher gas fees, and less intuitive interfaces. Ultimately, your choice depends on your priorities: convenience or control? #CEXvsDEX101
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#TradingTypes101 Understanding your trading type is crucial before diving into the crypto market. Are you a scalper who thrives on rapid trades, or a swing trader who waits for the perfect momentum? Maybe you're more of a position trader, relying on long-term fundamentals and macro trends. Each style has its own psychology, risk tolerance, and technical approach. Don’t just follow the hype — build a strategy that aligns with your personality and schedule. Remember, what works for someone else may not work for you. Know yourself, then trade smart. The market rewards discipline, not emotion. #TradingType101
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