#订单类型解析 In cryptocurrency trading, a market order will be executed immediately at the current best price, suitable for quick entries and exits; a limit order can set a specific execution price, suitable for controlling costs; take profit/stop loss orders can automatically trigger trades at target prices or stop loss prices, suitable for risk management. I mainly use limit orders to open positions (to ensure ideal entry prices) combined with take profit and stop loss orders to close positions (to lock in profits/control losses). I once incurred slippage losses due to incorrectly using market orders: during a sharp fluctuation, the market order purchase resulted in an execution price 5% higher than expected, and later I recouped some losses by setting a limit take profit order. Recommendation: use market orders during low volatility, use limit orders in normal market conditions, and be sure to set stop losses for positions.

#TradersLeague #TradersLeagueS02