#OrderTypes101 When buying or selling cryptocurrencies, knowing how to use the right type of order can make a big difference in the outcome of your trade. Here are the main types of orders you need to understand 👇

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🟢 1. Market Order

You buy or sell immediately, at the current market price.

✅ Fast

❌ May not be the ideal price

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🧾 2. Limit Order

You set the exact price you want to pay or receive.

✅ More control

❌ May not be executed if the market does not reach the value

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⏳ 3. Stop Order (Stop-Loss / Stop-Limit)

Automates the sale (or purchase) when the price reaches a certain value.

✅ Useful for limiting losses or protecting profits

❌ Requires correct setup

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🔁 4. OCO Order (One Cancels the Other)

Creates two orders at the same time: one for profit (take profit) and one for stop (limit loss).

If one is executed, the other is automatically canceled.

✅ Smart strategy for those who can't keep an eye on the market all the time

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Choosing the right type of order is an essential part of your strategy as a trader.

Which one do you use the most? Comment below!

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