#OrderTypes101 📋 Order Types 101 – Master the Basics of Crypto Trading
🟢 1. Market Order
Instant buy/sell at current price
Fast but may cause slippage
Best for: Quick entries/exits when price matters less
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📌 2. Limit Order
Set your desired price to buy/sell
Executes only if the market hits your price
Best for: Controlled entries, avoiding overpaying
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🔴 3. Stop-Loss Order
Automatically sells your asset if price drops to a set level
Used to limit losses
Example: Sell BTC if it falls to $28,000
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🟡 4. Take-Profit Order
Automatically sells when price rises to your target
Locks in profits without monitoring
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⚖️ 5. Stop-Limit & Stop-Market
Stop-Limit: Trigger price activates a limit order
Stop-Market: Trigger price activates a market order
More control during fast market moves
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🧠 Pro Tip:
Combine stop-loss + take-profit for proper risk management! Want examples or a chart-based explanation?
