#OrderTypes101 In cryptocurrency trading, there are different **types of orders** that allow you to execute trades with greater control and strategy. Here are the main ones:

1. Basic Orders

Market Order

What it does: Buys or sells at the current market price.

Limit Order

What it does: Buys or sells only at the price you choose (or better).

Advantage: Total control over entry/exit price.

Disadvantage: Does not execute if the market does not reach your price.

Advanced Orders

Stop-Loss

What it does: Sells automatically if the price drops to a certain level (to limit losses).

Example: You buy ETH at $3,500 and set a Stop-Loss at $3,300 to minimize losses.

Take-Profit

What it does: Sells automatically when the price rises to your profit target.

Example: You buy ETH at $3,000 and set a Take-Profit at $3,500 to secure profits.

Stop-Limit Order

What it does: Combines Stop + Limit. First, it activates with a Stop, then executes a limit order.