#OrderTypes101

Order types can make or break your trade. Here's how the main ones work and when I use them:

✅ Market Order – Instant execution at the best available price. I use this when speed matters, especially in fast-moving markets.

🎯 Limit Order – Set the exact price I want to buy/sell. Perfect for entering trades at key support/resistance zones.

🛑 Stop-Loss Order – Automatically exits a trade to cut losses. My must-have for risk management!

📈 Take-Profit Order – Locks in profits at a preset price. Helps remove emotion from decision-making.

🔁 My go-to? Limit + Stop-Loss combo – enters at my price, exits if the trade goes south. One time I used a market order in a volatile altcoin and got filled way above my expected price. Lesson learned: speed isn’t always worth the slippage.