#OrderTypes101 : Learn About Trading Orders in Crypto 🚀
If you're getting into the world of cryptocurrency trading, you need to understand the types of orders you can use 📈. Here I explain the most common ones:
✅ Market Order: executes the buy or sell at the best available price at that moment. Fast, but without control over the exact price ⚡.
⏳ Limit Order: allows you to set the price at which you want to buy or sell. It only executes if the market reaches that value 🏷️.
🛡️ Stop Order (Stop-Loss or Stop-Limit): designed to protect your gains or limit your losses. Very useful in volatile markets 🔥.
💡 Choosing the right type of order can make the difference between winning or losing in your trades.
Have you used any of these? Comment below! 💬👇