#OrderTypes101

Different types of orders in crypto trading are listed below

1. Market Order:

Executes instantly at the current market price. Best for quick trades but may face slippage.

2. Limit Order:

Allows you to set a specific price to buy or sell. It executes only when the market reaches your price, offering better control.

3. Stop-Loss Order:

Automatically sells an asset when it drops to a set price, helping minimize losses during sudden downturns.

4. Take-Profit Order:

Sells an asset when it reaches a predefined profit level, securing gains without constant monitoring.

5. Stop-Limit Order:

A combination of stop and limit orders. Once the stop price is triggered, a limit order is placed instead of a market order.

6. Trailing Stop Order:

Moves with the market price, locking in profits while still allowing upside movement.

7. OCO (One Cancels the Other):

Combines a stop-loss and limit order; when one executes, the other is automatically canceled.#OrdersType101