#OrderTypes101 "Navigating the market requires understanding different order types. A market order executes immediately at the best available price, ideal for quick entry/exit but susceptible to price fluctuations. For more control, limit orders allow you to set a specific price—your order only fills if the market reaches that price or better. This helps avoid unfavorable execution but risks not getting filled if the price isn't met.

Stop orders (or stop-loss orders) are crucial for risk management. A stop-loss order becomes a market order once a specified "stop price" is reached, limiting potential losses. Conversely, a stop-limit order becomes a limit order at the stop price, offering more control than a pure stop-loss but potentially not filling. Understanding these order types empowers smarter trading decisions." $BTC