#OrderTypes101 Order Types 101 – Master the Basics Before You Trade 🧠📉

Whether you're trading Bitcoin, Ethereum, or any altcoin, knowing how to place the right order is key to controlling your risk and maximizing profit.

🔹 1. Market Order

→ Buys or sells instantly at the current market price.

✅ Fast execution

⚠️ Less control over price (can suffer slippage)

🔹 2. Limit Order

→ You set the exact price you want to buy or sell.

✅ More control

⚠️ Order may not fill if price doesn't hit your limit

🔹 3. Stop-Loss Order

→ Automatically sells if price drops to a set level.

✅ Protects you from large losses

⚠️ Can trigger on temporary dips

🔹 4. Take-Profit Order

→ Automatically sells when the price hits your target.

✅ Locks in gains

⚠️ May miss further upside

🔹 5. Stop-Limit Order

→ Combines stop-loss and limit. Once your stop is triggered, a limit order is placed.

✅ Adds control

⚠️ Not guaranteed to execute

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Pro Tip: Use a combo of stop-loss + take-profit to trade smart, not emotionally.

Understanding order types = trading with intention. 🧠💹