#OrderTypes101 Knowing the different types of orders is essential for operating accurately in the crypto market. In #OrderTypes101 today's, we explain the most commonly used. A market order executes a buy or sell at the best price available at that moment; it is quick, but it can generate slippage if liquidity is low. A limit order allows you to set the exact price at which you want to buy or sell, ideal for having control over your entries and exits. Then there are stop orders, which are activated when the price reaches a specific level. These can be used as stop-loss to limit losses or as stop-limit to enter the market under certain conditions. Some exchanges also offer OCO (One Cancels the Other) orders, which combine a limit order with a stop order. Using the correct type of order can make the difference between a successful trade and an unnecessary loss. Mastering these tools is an essential part of disciplined trading.
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