📈 #OrderTypes101: Crypto & Stock Order Basics
1. 🟢 Market Order
Buys/sells immediately at best available price.
Fast but price may vary slightly.
2. 📉 Limit Order
Set your own price to buy/sell.
Executes only when the market hits your price.
More control, but may not fill.
3. 🛑 Stop-Loss Order
Sells automatically if price drops to a set level.
Used to limit losses.
4. 🚀 Take-Profit Order
Sells when price rises to your target.
Locks in profits before reversal.
5. ⚡ Stop-Limit Order
Combines stop-loss + limit.
Triggers a limit order when stop price is reached.
⚖️ TL;DR:
Want speed? 👉 Use Market
Want control? 👉 Use Limit
Want protection? 👉 Use Stop-Loss/Take-Profit