#OrderTyipes101

For Algorithmic Trading & Automation**

- **Stop Limit Order:** Helps avoid slippage by setting an execution price after the market reaches a certain level. Ideal for trading bots that require tight execution control.

- **Market Order:** Executed quickly based on signals from the algorithmic strategy without waiting for a specific price level.

💡 **For Crypto Trading (BTC, Altcoin)**

- **Buy Stop:** Used to enter a position after the price breaks through a key resistance level, suitable for bullish patterns like cup & handle.

- **Sell Stop:** Activated when the price breaks through a support level, helping secure positions before a deeper bearish trend occurs.

This type of order can be customized based on your technical analysis, including indicators like RSI, MACD, and Fibonacci. To optimize your trading strategy, you can combine it with proper risk management.

Do you want to tailor it for specific market conditions?

Understanding the types of orders is crucial for successful crypto trading. The type of order you use determines how and when your trades are executed. Here are the details of the four main types:

🔹 Market Order

Executes your trade immediately at the current market price.

✅ Best for quick execution

⚠️ You may not get the exact price you were hoping for (due to slippage)