#OrderTypes101
#OrderTypes101: Master the Basics Before You Trade
Understanding order types is essential for smart and strategic trading. The most common is the market order, which buys or sells instantly at the best available price—great for speed, but risky during high volatility.
A limit order lets you set your desired price—perfect for control, but no guarantee it will fill. Use it when timing isn’t critical.
Stop-loss orders help manage risk by automatically selling when the price drops to a certain point, preventing major losses.
Take-profit orders lock in gains once your target price is hit.
Using the right order type can protect your capital and improve your results. Always trade with a plan, not just emotion.
#OrderTypes101 #CryptoBasics #SmartTrading