#OrderTypes101
📌 What’s an Order in Trading?
An order is just a way of telling the platform when and how you want to buy or sell crypto.
Here are the main types:
1️⃣ Market Order – Buys or sells instantly at the best available price. Fast, but you might pay more in a volatile market.
2️⃣ Limit Order – You choose the price. It only fills if the market hits your number. More control, but no guarantees.
3️⃣ Stop Loss – Sells automatically if the price drops to a certain level. Helps cut losses.
4️⃣ Take Profit – Sells automatically when the price goes up to your target. Locks in gains.
✅ Pro tip: Combine stop loss and take profit for smart risk management!
#CryptoBasics #OrderTypes