📑 #OrderTypes101 — Understand what you are placing on the exchange! 💹

Every trader must understand the types of orders — this is the foundation of sound trading. Here are the main ones:

🔵 Market Order — instant buy/sell at the current price. Fast, but can be disadvantageous during high volatility.

🟡 Limit Order — you specify the price at which you want to buy or sell. The transaction will execute only if the market reaches that price. Suitable for planning and control.

🔴 Stop-Loss Order — protection against losses. Automatically sells the asset if the price falls below a specified level. Essential for risk management.

🟢 Take-Profit Order — securing profits. Closes the deal when the price reaches the target value.

Combine different types of orders to protect your capital and maximize market opportunities. 🎯