#订单类型解析 In cryptocurrency trading, market orders execute immediately at the current best price, suitable for quick entry and exit; limit orders can set a specific execution price, suitable for cost control; take profit/stop loss orders can automatically trigger trades at target prices or stop loss prices, suitable for risk management. I mainly use limit orders to open positions (ensuring an ideal entry price) combined with take profit and stop loss orders to close positions (locking in profits/controling losses). I once incurred slippage losses due to incorrect use of market orders: during a sharp volatility, a market order purchase resulted in an execution price 5% higher than expected, later recovering some losses by setting a limit take profit order. Recommendation: use market orders during low volatility, limit orders during normal market conditions, and be sure to set stop losses for positions.

#TradersLeague #TradersLeagueS02

BTC

67,107.66

-2.36%