#OrderTypes101 Feeling overwhelmed by buy/sell buttons? Let's break down basic orders! 🛒 Market Order: "Buy/Sell NOW at whatever price!" ⚡ Fast, simple, but slippage might bite if the market's wild. Limit Order: "Only buy/sell at MY price (or better)!" 🎯 Patient trader's friend. Set it & forget it, but might not fill if price doesn't hit. Stop-Loss (OCO often): "Sell if price drops HERE to protect my profits/capital!" 🛡️ ESSENTIAL risk management! Don't trade without one! Master these first before diving into fancy stuff! Which one saved your skin? 😉
#TradingTypes101 For the first topic of our Crypto Trading Fundamentals Deep Dive, let’s talk #TradingTypes101 . Understanding different trading types is the first step to building a well-informed strategy. Spot, Margin, and Futures trading each offer unique advantages and risks. Choosing the right one depends on your goals, experience, and risk appetite.