#OrderTypes101 – Basic Types of Orders When Trading Crypto

🔹 Market Order – Buy/sell immediately at market price

✔️ Fast, convenient, but can suffer from slippage if liquidity is low

🔹 Limit Order – Set an order at the desired price, wait for it to match

✔️ Good price control, but may… take a long time to match

🔹 Stop-Loss / Take-Profit – Automatically sell when the price hits the stop-loss/profit level

✔️ Necessary to protect capital, avoid emotional influence

💡 Understanding the right type of order = More proactive trading, no FOMO!