#OrderTypes101
OrderTypes101 – Mastering the Basics
Order types are essential tools in any trader’s strategy. Here’s how I use them:
🔹 Market Order – Instant execution. I use it when I need to enter or exit quickly, especially during volatile moves.
🔹 Limit Order – I prefer this for precise entries. It gives me control over price—great for setting planned buys/sells.
🔹 Stop-Loss – A must-have for risk management. It’s saved me from major losses during unexpected dumps.
🔹 Take-Profit – Helps me lock in gains and avoid getting greedy. Predefined targets keep me disciplined.
🎯 Once, a BTC limit buy at $58.5K filled during a dip while others were panic-selling—planning paid off!
Choose the right tool for your setup—your P&L will thank you. 💪
