#USChinaTradeTalks In the world of trading, understanding the types of orders is essential to minimize risks and maximize profits. There are limit orders, market orders, stop loss, and take profit, each with an important role. For example, I always use limit orders for safer entries and stop orders to avoid larger losses. Mastering these tools is what separates a beginner trader from a strategic trader. In a recent operation with ETH, using the stop saved part of my capital. I recommend that everyone study the types of orders in depth and practice in a simulated environment.
#OrderTypes101