#OrderTypes101

📘 Crypto Trading Fundamentals: Topic 3 – #OrderTypes101

From my experience, knowing your order types can make or break your trade. Understanding when to use a Market, Limit, Stop-Loss, or Take-Profit order is key to managing risk and improving your results.

Here’s how I use them:

🔹 Market Order – I use this when I need to enter or exit a trade fast, especially during high momentum moves. Speed over price!

🔹 Limit Order – My go-to for getting a better entry or exit price. I use this when I’m not in a rush and want more control.

🔹 Stop-Loss – A must for risk management. It helps me protect my capital when the market goes the wrong way.

🔹 Take-Profit – Great for locking in gains. I usually set this along with a stop-loss to balance risk and reward.

💡 One time, I used a market order during a volatile pump and ended up buying way higher than expected — now I always use limit orders when things are moving fast.

What about you?

– What’s your favorite order type and why?

– Got a story where the right (or wrong) order saved or cost you?

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