📊 #OrderTypes101 – Master the Art of Crypto Execution 💡
In crypto trading, knowing the right order type can make or break your trade. Let’s break down the essentials:
🔸 Market Order – Instantly buys/sells at the best available price. Best for urgent entries or exits.
🔸 Limit Order – Executes only at your set price or better. Great for precision trading and avoiding slippage.
🔸 Stop-Loss Order – Automatically sells when the price hits a set level. Vital for risk management.
🔸 Take-Profit Order – Locks in gains once your target price is reached. Perfect for profit automation.
📈 Pro traders often combine these smartly. My go-to? Limit Order for entry + Stop-Loss/Take-Profit for smart exits. What’s yours?
Trade smarter, not harder.🤓🤏🏼