#OrderTypes101 Master Your Orders in WLD/USDT 🚀
Did you know that choosing the right type of order can be key to your results? Let's learn together!
🔹 Market Order:
Executes the buy or sell at the current market price (fast, but without total precision).
Useful when you need to act quickly, for example, after relevant news about $WLD.
🔹 Limit Order:
Only executes if the price reaches the level you define (e.g.: buy $WLD at 4.50 USDT).
Ideal for entering or exiting with precision and minimizing slippage.
🔹 Stop-Loss / Take-Profit:
Stop-Loss: Reduces losses if the price goes against you.
Take-Profit: Closes your position when the price reaches your target.
💡 Example in WLD/USDT:
If you expect it to rise from 4.80 USDT but prefer a better entry point:
▶ Limit buy order at 4.65
▶ TP at 5.20 and SL at 4.50 to manage risk.
⚠️ Remember: Each type of order serves a purpose. Use them according to your strategy!
Which one do you prefer? Let us know! 👇 #CryptoTrading #WLD