#OrderTypes101 🧾 #OrderTypes101

When trading crypto, using the right order type can save you money—or even protect you from losses.

šŸ”¹ Market Order: Instant execution at the current market price. Fast, but risky in volatile markets.

šŸ”¹ Limit Order: Set your price and wait. Great for control, but it might not get filled.

šŸ”¹ Stop-Limit Order: Combines a stop price (trigger) with a limit order. Ideal for risk management.

šŸ”¹ Stop-Market Order: Triggers a market order when the stop price is hit—perfect for exiting fast in a crash.

šŸ”¹ OCO (One Cancels the Other): Combines a take-profit and a stop-loss—whichever hits first cancels the other.

Understanding these gives you a trader’s edge. Don’t just click ā€œBuyā€ or ā€œSellā€ā€”choose how to buy or sell.