#OrderTypes101 The most common orders in cryptocurrency trading are:
Market Order: this is executed immediately at the best market price.
Limit Order: allows you to set a specific price at which you want to buy or sell.
Stop Limit Order: combines a stop order with a limit order. When a trigger price (stop) is reached, a limit order is placed at a specific price.
OCO (One Cancels the Other): allows you to place two orders simultaneously; if one is executed, the other is automatically canceled.
It's important to understand the type of order and verify which one suits us best; so far, I have used limit orders and market orders.
In the process of learning to use the others.