#OrderTypes101 Whether you are a beginner or an expert, mastering order types is essential for better managing your crypto trades. Here are the three main ones:
👉 Market order: it executes instantly at the best available price. Ideal for entering or exiting quickly, but watch out for fees and slippage (the difference between the expected price and the actual price).
📌 Limit order: you set a specific buy or sell price. The order only executes if the market reaches that price. It’s perfect for controlling your entry or exit point.
🔁 Trailing stop: this dynamic order follows the market with a defined gap. It protects gains by moving up with the price, but triggers a sale if the price drops by a certain percentage or amount.
Using the right order means trading with strategy. 📈🚀 #Crypto #Trading #Strategie