#OrderTypes101 Risk Management Essentials
Want to protect your profits or cut losses automatically? Then it’s time to understand Stop-Limit and Stop-Market orders – two essential tools for risk management in crypto.
A Stop-Market Order triggers a market order once a specific stop price is hit. It’s great for getting out fast during sudden moves, but slippage can occur in volatile conditions.
A Stop-Limit Order gives you more control: when your stop price is reached, a limit order is placed. However, if the market moves too fast, your order might not be filled at all.
🛡️ Pro Tip: Use stop-market when you need guaranteed exit, and stop-limit when you want to control the execution pric