#OrderTypes101

📊 OrderTypes101: Master the Art of Crypto Trading Orders

Placing the right order can be the difference between a win and a miss. Here’s a quick breakdown of the 4 essential order types every crypto trader should know👇

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🔹 1. Market Order

⚡ Speed over price

📈 Buys/sells immediately at the best available price

🧠 Best for: Quick entries/exits in highly liquid markets

⚠️ Risk: Slippage during volatility

🔹 2. Limit Order

🎯 Price over speed

📌 You set the price – the trade executes only when the market reaches it

🧠 Best for: Precision trading, patient entries

⚠️ Risk: Order may never fill

🔹 3. Stop-Loss Order

🛑 Protect your downside

🚨 Triggers a market or limit sell when price drops to your stop level

🧠 Best for: Risk management, preventing major losses

💡 Tip: Set stop-loss just below support levels

🔹 4. OCO (One Cancels the Other)

🧠 Two orders, one outcome

📉 Sets a stop-loss + a take-profit at the same time

🚀 One executes, the other gets canceled

🛡️ Great for automated risk/reward setups