✅ 1. Market Order
Description: Buy or sell directly at the current market price.
⏱️ Execution: Instant
⚠️ Risk: Can be affected by slippage (price jump)
🧠 Suitable for: Traders who want to quickly enter/exit positions
📌 Example: Click "Buy BTC" → executed immediately at the best available price.
#MarketOrder #InstantTrade
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🧭 2. Limit Order
Description: Buy/sell at a specific price that you set.
Will only execute if the price hits that point.
🎯 High precision
⏳ Can wait a long time
🧠 Suitable for: Patient entry, buy low/sell high strategy
📌 Example: Want to buy BTC at $30K → Place a limit buy at $30K
#LimitOrder #PrecisionTrading
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🚨 3. Stop-Limit Order
Description: A combination of trigger (stop) and limit.
When the price hits the "stop", it will trigger an order at the "limit" price.
🛡️ Suitable for: Locking in profits or limiting losses
💡 Must set 2 prices: Stop & Limit
📌 Example: BTC now $35K → Place stop-limit sell:
Stop: $33K
Limit: $32.8K → Sell BTC if the price drops to $33K
#StopLimitOrder #RiskManagement
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🧨 4. Stop-Market Order
Description: When the price hits a certain point (stop), the order is executed immediately at the market price.
⛑️ Suitable for: Quick stop-loss
⚡️ Faster than stop-limit, but can experience slippage
📌 Example: BTC now $35K → Place stop-market sell at $33K → When the price drops to $33K, sold immediately at market price
