#OrderTypes101

🎯 #OrderTypes101 – Practical Guide to Order Types in Crypto Trading

In the world of crypto trading, it's not enough to choose what to buy: it's essential to know how. The types of orders determine the execution of a trade and directly influence the results.

Here are the 4 main orders that every trader should know:

📌 1. Market Order

Executed immediately at the best available price.

✅ When to use it:

• Market is moving strongly

• Urgency to enter or exit

⚠️ Caution: Possible slippage, i.e., execution at a worse price than expected.

📌 2. Limit Order

Executed only if the price reaches the desired level.

✅ When to use it:

• You want to buy lower or sell higher

• In support/resistance areas

💡 Advantage: No slippage

❗ Disadvantage: The order may never be executed

📌 3. Stop-Loss

Automatically closes a position if the market moves against you.

✅ When to use it:

• Always, to protect capital

• In volatile markets or when you can't monitor

🛡️ Goal: Limit losses

📌 4. Take-Profit

Closes the position once a profit target is reached.

✅ When to use it:

• You have a specific goal

• You want to protect already realized gains

📌 Tip: Always combine Stop-Loss and Take-Profit

Real Experience

During a trade on $SOL, I placed a limit order in the support zone. The price hit that level and then bounced back: trade closed in profit. A market order would have made me enter higher and earn less.

Lesson: the type of order can make a difference.

Every order has a role. Using them well means managing risk better, avoiding impulsive mistakes, and optimizing every operation.

👉 Share your experience with #OrderTypes101 on Binance Square!