#OrderTypes101

Know Before You Trade!

Jumping into crypto trading without understanding order types is like driving without knowing how the brakes work. šŸ›‘

Let’s break down the 3 most common order types every beginner should know:

šŸ”¹ Market Order – Want it now? This buys or sells instantly at the best available price. Great for speed, but you might pay more (or sell for less) than expected.

šŸ”¹ Limit Order – You set your price, and wait for the market to match it. More control, less risk, but patience is key.

šŸ”¹ Stop-Limit Order – Protects your profits or limits losses. When the price hits a certain point (the stop), it triggers a limit order. Smart risk management tool!

šŸ’” Pro Tip: Always know which order type matches your goal—speed, control, or protection.

Which order type do you use most often, and why?

Let’s help beginners trade smarter! šŸ‘‡