#OrderTypes101 Master the art of trading** 🔹
When it comes to crypto trading, every order is a strategic move in the game. Like chess, only faster! Let's break down the main types of orders that can enhance your trading strategy.
🔥 **Market Order** – an instant buy or sell at the current market price. Perfect for moments when speed is more important than accuracy.
⚡ **Limit Order** – you set the price at which you want to buy or sell the asset. The order will only be executed when the market reaches that price.
🔒 **Stop Order** – this order is activated only when the price reaches a certain level. It's your protective mechanism against unwanted losses.
🎯 **OCO (One Cancels Other)** – a strategy for experienced traders. It involves two orders: if one is executed, the other is automatically canceled.
What order do you use most often? Share in the comments! 🚀