#订单类型解析

📌 Order Type Analysis (Basics of Cryptocurrency Trading)

In cryptocurrency trading, different order types have a profound impact on trading strategies and risk management. Common types include:

• Market Order:

Executed immediately at the current market best price, suitable for traders who need to enter and exit quickly.

• Limit Order:

Users set their own price, and the order will only be executed when the market reaches that price, suitable for investors who are patient and waiting for target prices.

• Stop Loss Order:

Automatically triggers a trade when the price falls below or breaks through a certain set point, an important tool for managing losses.

• Advanced Orders (such as conditional orders, trailing stop loss):

Provides more flexible automated trading functions, suitable for advanced users to conduct strategic operations.

Choosing the appropriate order type can enhance execution efficiency and effectively reduce trading risks.