#OrderTypes101 Order types determine how your buy or sell order is executed on an exchange. Here’s a concise overview of the most common crypto order types:

Market Order: Executes immediately at the current market price. Best for quick trades but may face slippage in volatile markets.

Limit Order: Sets a specific price at which you want to buy or sell. Only executes when the market reaches your price, offering control but no guarantee of execution.

Stop Order (Stop-Loss/Take-Profit):Stop-Loss: Triggers a market or limit order to sell when the price drops to a specified level, limiting losses.Take-Profit: Triggers a market or limit order to sell when the price rises to a specified level, locking in profits.

Stop-Limit Order: Combines stop and limit orders. Triggers a limit order when a stop price is hit, but only executes within a specified price range. Useful for volatile markets but risks non-execution if the price moves too fast.

Trailing Stop Order: A stop order where the stop price trails the market price by a fixed amount or percentage. Adjusts automatically as the price moves in your favor, locking in profits while limiting losses.