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?