#OrderTypes101

OrderTypes101: Know Your Orders, Trade Smarter

In crypto trading, using the right order type can make a huge difference. Here's a quick breakdown:

šŸ”¹ Market Order – Buy/sell instantly at the current market price. Fast, but you may face slippage.

šŸ”¹ Limit Order – Set your price and wait. Great for control, but not guaranteed to execute.

šŸ”¹ Stop-Limit Order – A trigger-based order. Once your stop price hits, a limit order is placed.

šŸ”¹ OCO (One Cancels the Other) – A smart combo: place two orders, and if one is filled, the other is canceled.

Understanding these helps you manage risk and execute your strategy with precision. āœ