Market or limit? Choosing an order is half the victory.

Beginners often get confused when choosing between a market order and a limit order. Let's break it down simply.

Market order is like saying “I'll take it now at any price.” It is executed instantly, but slippage can occur during volatility spikes. The fee can be higher because you are a liquidity taker.

Limit order - you set the entry price yourself. You wait for the market to reach your level. More control, lower commission (you maker), but there is a risk that the order may not be executed at all.

When to use what:

• Market: you want to enter the market at all costs, long-term position, time is more expensive than price
• Limit: high volatility market, want precise entry, ready to wait

None of them is riskier — it depends on the situation and your strategy. The main thing is to trade only with money you can afford to lose, and always set a stop-loss.