#订单类型解析 Multi-Type Parsing

• Market Order: Execute immediately at the best market price. It's like you are in a hurry to enter or exit the market, pursuing speed and not caring about small price differences, a market order can help you complete the transaction quickly. However, during periods of significant market fluctuations, the execution price may deviate from expectations.

• Limit Order: Set your own buy or sell price, and the order will only be executed when the market price reaches your expected price level. For example, if you think buying Bitcoin at $35,000 is more advantageous, you can set a buy limit order at $35,000. But be aware that if the price never reaches the set value, the order will not be executed.

• Stop Loss Order: Known as the investment "safety umbrella." Set a stop loss price in advance, and if the coin price moves unfavorably and touches the stop loss price, it will automatically sell, helping you limit losses. For instance, if you bought a certain virtual coin at $150 and set a stop loss price at $140, when the price drops to $140, it will automatically sell to prevent further losses.

• Take Profit Order: A good helper to secure profits. Set a take profit price, and when the coin price rises to this price, it will automatically sell to lock in profits. For example, if you bought at $80 and expect to sell at $100, set a take profit order, and when the price reaches that level, you can cash in safely.

Different order types have their own uses. Beginners can start with simple market orders and limit orders, and after accumulating experience, try more complex ones. When trading, always choose according to your risk tolerance and investment goals.