#订单类型解析
✅ Market Order
Description:
Executed immediately at the current best market price.
Applicable Situations:
• You want to enter or exit immediately, regardless of price slippage.
• When the market is highly volatile and prices change rapidly, you can enter early.
Advantages:
• Fast execution speed.
• Suitable for short-term traders looking to seize opportunities.
Disadvantages:
• Price slippage may occur, especially in low liquidity conditions.
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📌 Limit Order
Description:
You set a target price, and the order will only execute when the market price reaches that level.
Applicable Situations:
• You want to buy or sell at a specific price and do not accept slippage.
• You predict support/resistance at a certain price level.
Advantages:
• Control over the execution price.
• Suitable for setting entry/take profit levels.
Disadvantages:
• No guarantee of execution, especially during rapid market fluctuations.
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⛔ Stop Order
Description:
When the market price reaches your set stop-loss price, the system will close the position as a market order.
Applicable Situations:
• Used to limit losses and protect capital.
• Automatically exit during a breakout in the opposite direction.
Advantages:
• Can automatically manage risk and prevent emotional trading.
• Suitable for traders who cannot monitor the market constantly.
Disadvantages:
• Once triggered, it becomes a market order, which may lead to slippage.
• False breakouts can easily trigger it but then rebound.
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📉 Take Profit Limit
Description:
A limit order is placed when the price reaches the take profit level.
Applicable Situations:
• Precise control over profit range.
• Set target prices for exit in conjunction with strategies.
Advantages:
• Locks in profits without needing to close the position actively.
• Avoids emotional interference in exit decisions.
Disadvantages:
• If the market reverses quickly, execution may be missed.
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📈 Stop Limit Order
Description:
Once the trigger price is reached, a limit order (not a market order) is placed.
Applicable Situations:
• You want to enter after a certain price level but avoid slippage.
• Suitable for setting breakout entry strategies.
Advantages:
• Combines conditional triggering with limit control, making it more flexible.
• Increases proactive and controlled execution.
Disadvantages:
• Not guaranteed to execute, especially during rapid price changes.
