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Ronny 444
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Ronny 444
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#OrderTypes101 New to trading? Let’s break down the main order types you NEED to know 👇 🔹 Market Order ✅ Buys/sells instantly at best available price ⚡ Fast execution ❌ No price control 🔹 Limit Order ✅ Set your own price 💰 Better control over entry/exit ❌ May not fill if price isn’t reached 🔹 Stop Order 🛑 Triggers a market order when price hits a level 🎯 Used to limit losses or catch breakouts 🔹 Stop-Limit Order 🔄 Triggers a limit order after stop price hits 🎯 More precision, less risk 💡 Pro Tip: Use limit orders for control, stop orders for protection, and market orders when speed matters!
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#CEXvsDEX101 Confused between Centralized and Decentralized Exchanges? Let’s break it down 👇 🔹 CEX (Centralized Exchange) ✅ User-friendly & fast ✅ High liquidity ❌ You don’t control your private keys ❌ Vulnerable to hacks & regulations 🔹 DEX (Decentralized Exchange) ✅ You control your funds (non-custodial) ✅ More privacy & fewer restrictions ❌ Slower & less liquid ❌ Complex for beginners 🎯 Choose CEX for convenience. 🛡️ Choose DEX for control. Which do you prefer? 💬 ---
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#PnL = Profit and Loss 💸 In trading, PnL tells you how much money you made or lost. 👉 Positive PnL = You’re in profit ✅ 👉 Negative PnL = You’re at a loss ❌ 📉 Example: Bought at $100 → Sold at $120 = + $20 PnL Bought at $100 → Sold at $80 = – $20 PnL Always track your PnL to know if your strategy works! 📊 #TradingTypes101 #PnL #CryptoTrading #Forex #StockMarket #ProfitAndLoss #TraderTips
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