#OrderTypes101 Master Your Orders in WLD/USDT🚀
Did you know that choosing the right type of order can make a difference in your trades? Let's learn together!
🔹 Market Order:
- Buy/Sell at the current price (fast, but without exact control).
- Ideal when speed is key (e.g., important news about $WLD).
🔹 Limit Order:
- Executes ONLY at the price you choose (e.g., buying $WLD at 4.50 USDT).
- Perfect for entering/exiting with precision and avoiding slippage.
🔹 Stop-Loss / Take-Profit:
- Stop-Loss: Limits losses if the market turns against you.
- Take-Profit: Secures profits when $WLD reaches your target.
💡 Example in WLD/USDT:
- If you believe WLD will rise from 4.80 USDT, but you want a better price:
▶ Limit Buy Order at 4.65 USDT.
▶ TP at 5.20 USDT and SL at 4.50 USDT for risk management.
⚠️ Remember: Each order has its strategy. Combine them according to your plan!
What type of order do you use the most? Comment! 👇 #Trading #Crypto #WLD