#OrderTypes101 📊 OrderTypes101: Understand the Types of Orders in Trading! 🧠

To be more efficient in trading, it is very important to understand the various types of orders available on the platform, both in CEX and DEX. Let's discuss the most common ones! 👇

🔹 Market Order

Buy/sell order executed immediately at the current market price. Fast, but can incur slippage. Suitable for quick execution.

🔹 Limit Order

Buy/sell order at a specific price you set. Safer and more controlled, but may not be executed immediately.

🔹 Stop Order (Stop-Loss / Stop-Limit)

Used to limit losses or lock in profits. Example: sell automatically if the price drops to a certain level. Essential for risk management!

🔹 OCO (One Cancels the Other)

Combination of limit and stop orders. If one is executed, the other is canceled. Suitable for traders who want to anticipate two-way movements.

Mastering order types is not just about technique, but also about discipline and strategy. 💪