#OrderTypes101 : Understanding Order Types in Crypto
You click on "Buy" or "Sell", but do you really know what type of order you are using? 🤔
Here are the 3 main types to know:
🟢 Market Order
Do you want it to be quick? This order executes immediately at the best available price. Convenient, but not always optimal in terms of price.
🔵 Limit Order
You set the price. The order will only execute if the market reaches that price. Ideal for maintaining control.
🟡 Stop-Limit Order
A smart mix: you set a trigger price and a limit price. Perfect for managing risks or securing your profits.
💡 Mastering these orders means trading with strategy, not randomly.
And you, which type of order do you use most often? 👇