#OrderTypes101 Important Note on #OrderType 101

Choosing the right order type is a fundamental skill every trader must master. In today’s dynamic market, understanding when and how to use market, limit, or stop orders can make a big difference in trade outcomes. A market order executes instantly at the best available price—ideal for fast entry or exit, but it may suffer from slippage. A limit order allows you to set your preferred buy/sell price, offering more control but with no guarantee of execution. Stop orders, including stop-loss and stop-limit, are essential risk management tools to minimize potential losses or lock in profits. With increased market volatility and tighter regulations, exchanges are emphasizing proper use of order types to ensure fair trading and user protection. Whether you're on a CEX or DEX, selecting the correct order type helps you stay efficient, secure, and profitable. Learn them, test them, and use them wisely.