#OrderTypes101 : Mastering Your Trades Like a Pro 🚀
Whether you're trading on a CEX or DEX, understanding order types is key to executing smart moves in the volatile crypto market. Here’s a quick breakdown of the most essential ones:
📌 Market Order – Instantly buys or sells at the best available price. Great for speed, but watch out for slippage!
📌 Limit Order – Sets a specific price for your trade. Perfect for precision traders aiming for better control.
📌 Stop-Loss Order – Protects your capital by automatically selling when the price drops to a set level. Risk management 101!
📌 Take-Profit Order – Locks in gains by selling when your target price is reached. Secure those profits!
📌 Trailing Stop Order – Adjusts with market movement to maximize gains while minimizing losses. A pro-level strategy!
🚨 Which order type do you use most? Drop your trading strategy in the comments!
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