#OrderTypes101
Let’s break down the basics in this week’s #OrderTypes101 👇
In crypto trading, understanding order types isn’t just helpful — it’s essential. They determine how your trades are executed and can be the difference between a profit and a painful lesson.
🔹 Market Order – Fast and straightforward. I use it when I need to enter or exit quickly, especially during high volatility. The downside? You might not get the best price.
🔹 Limit Order – My personal favorite. It gives you full control over price, which is great when you’re patient and aiming for precision. I use it to buy dips or sell into strength.
🔹 Stop-Loss – Your risk manager. I place it to cap losses if the market turns. Saved me during a BTC dip in 2023 — got out before a bigger drop.
🔹 Take-Profit – Locks in gains automatically. Perfect for sticking to a plan instead of letting emotions take over.
🎯 Pro Tip: Match your order type to your strategy. Scalping? Market. Swing trading? Limit + TP/SL combo.
What’s your go-to order type, and why? Let’s trade smarter together.
