#OrderTypes101
What is a Limit Order?
A Limit Order is a type of trading order used to specify the price at which you want to buy or sell an asset. Unlike a market order, which is executed immediately at the best available price, a limit order is only executed if the price reaches the value you specified.
Example: If the current price of BTC is $68,000, and you place a limit buy order at $66,000, the order will only be executed if the price drops to that level.
✅ A limit order is considered an excellent option to avoid rapid market fluctuations and to have full control over entry and exit points.
Do you rely on limit orders in your trading? And why? 💬
