Detailed Explanation
Why It Matters:
Fastest way to enter/exit trades; essential when you need speed over exact price (e.g., during volatility).
How It Works:
Executes instantly by filling from the order book at current asks (buy) or bids (sell). No price guarantee.
Common Mistakes:
Using in low-liquidity pairs (high slippage); overusing instead of limit for better prices.
FAQs
When to use?
For quick entries/exits or high-conviction moves.
Fees?
Usually higher taker fees.
