#OrderTypes101 #OrderTypes101 – Master your entries and exits in crypto
Did you know you don't need to be glued to the chart to trade well? Learning to use different types of orders helps you trade strategically, not emotionally.
🔹 Market Order – Executes instantly at the best available price. Fast, but without control over the final price.
🔹 Limit Order – You choose the price. Executes only if the market reaches it. Ideal if you seek precision and avoid impulsive buying.
🔹 Stop-Limit – Combines protection + control. Activates an order when a level is broken, but with a limit price.
🔹 OCO (One Cancels the Other) – Two orders in one: one to take profits and another to cut losses. When one executes, the other automatically cancels.
🔹 Trailing Stop – Follows the price like a shadow. If the price rises, your stop does too. Perfect for protecting profits in a trend.