#OrderTypes101 OrderTypes101 – Mastering Crypto Trading Tools 🧠📈

In crypto trading, order types determine how your trade is executed — and using the right one can seriously impact your profits or losses. Here's a quick breakdown:

🔹 Market Order: Fast execution at current price. Best for urgent entries/exits but risky in volatile markets due to slippage.

🔹 Limit Order: You choose the exact price. Great for control and planning, but it may not fill if the market doesn’t reach your target.

🔹 Stop-Loss Order: Protects your capital by automatically selling if price drops to a certain level. Essential for risk management.

🔹 Take-Profit Order: Locks in profits when your target is hit. Ideal for planned exits and reducing emotional trading.

👉 My Go-To? Limit Orders — they give me control and reduce emotional decision-making, especially during swing trades.

📉 Real Lesson: Once used a Market Order during a breakout — bought the top and got dumped on. A Limit Order would’ve saved me from a bad entry.

🎯 Mastering order types = mastering risk and timing. Choose wisely.

#FTXRefunds #PCEMarketWatch #BinanceHODLerSOPH