#TradingTools101

In the fast-paced world of crypto trading, understanding order types is essential. The type of order you use directly affects how your trade is executed—and ultimately, whether you secure a profit or take a loss. Whether you're a beginner or a seasoned trader, mastering these tools can significantly improve your trading strategy.

Market Order: Speed Over Precision

A market order executes immediately at the best available price. It's ideal when you need to enter or exit a position quickly. However, in highly volatile markets, this speed can come at a cost—slippage. Prices can move fast, and you might end up buying higher or selling lower than expected.