#OrderTypes101
✅ 1. Hashtag: #Types_of_Orders101
📌 Do you know the difference between the types of orders in trading?
A market order is executed immediately at the best available price, while a limit order allows you to set the price at which you want to buy or sell, and a stop order is used to protect your profits or limit losses.
Personally, I use a limit order when trading a currency like ETH because it gives me more precision in entering and exiting. A good understanding of the types of orders helps you execute your strategies more intelligently and reduce surprises.
Which type do you use the most? And why?