Do you understand what exactly you are putting on the market?

Most beginners simply 'click buy/sell', but in reality, the type of order = your trading style. Here’s a brief overview:

🟢 Market Order

— Buy/sell now at the current price.

✅ Fast, convenient.

❗️ There may be slippage — especially on volatile assets.

🔹 Example: Want to enter BTC right now — use Market.

🟡 Limit Order

— Buy/sell at your price.

✅ You decide at what price you want the trade.

❗️ But no one guarantees that the order will be executed.

🔹 Example: BTC $105,000, and you want to buy on a dip at $102,000 — set Limit Buy.

🔴 Stop-Loss / Stop-Market

— Your insurance.

✅ Closes the position if the price drops below the threshold.

❗️ May trigger at a worse price in the moment (if volatility is high).

🔹 Example: Bought BTC at $105K, set stop at $101K — saved the portfolio from a drawdown.

🟠 Take-Profit / Limit Sell

— Locking in profits.

✅ You take profit when the price reaches the target.

❗️ Sometimes the market just misses the order — and you end up without a deal.

🔹 Example: Bought at $100K, want to sell at $110K — set Limit Sell.

💬 Do you only use Market, or do you combine?

#OrderTypes101