💡 Lesson Twenty-Eight: How to Use Limit Orders and Market Orders Professionally? ⚙️
Many beginners confuse the two types of orders when buying or selling,
but knowing the difference between them can make a big difference in your profits 💰
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📈 1️⃣ Market Order:
Means you buy or sell immediately at the best available price in the market.
✅ Suitable when you want to enter or exit quickly.
⚠️ But it may be at a slightly lower or higher price than expected due to market volatility.
🧠 Example:
If the price of Bitcoin is $100,000,
and you clicked “Market Buy,”
you might actually buy at 100,200$ because liquidity moves quickly.
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💹 2️⃣ Limit Order:
Means you set the price you want to buy or sell.
⏱️ The trade is only executed when the price reaches the number you set.
✅ Suitable for buying at a dip or selling at a specific profit level.
🧠 Example:
If the price of ETH = $3,000
You can place a buy order at $2,950
to have the trade executed automatically when the price drops.
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⚡️ Conclusion:
• Market Order = Speed of execution ⚡
• Limit Order = Price accuracy 🎯
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💬 Tip from CryptoMario101:
“A smart trader does not chase the price,
but waits for it at the place they want.” 🧘♂️
