đ #OrderTypes101 â Master the Basics of Trading Orders
Whether you're on a CEX or DEX, knowing your order types is key to smart trading. Hereâs a quick breakdown:
đą Market Order:
â© Executes instantly at the current market price.
â Fast, but may suffer from slippage.
đ Limit Order:
đŻ Set your price, wait for the market to match it.
â Control over entry/exit, but not guaranteed to fill.
đŽ Stop-Loss Order:
đ Automatically sells if price drops to your set level.
â Helps protect your capital.
đŁ Take-Profit Order:
đ° Automatically sells when price hits your target.
â Locks in gains.
đ Combine Stop-Loss + Take-Profit for better risk management!
đĄ Tip: Mastering order types is step one to becoming a disciplined trader.
Which order type do you use the most?
đ Let us know in the comments!
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