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Update and rename defi_and_trading/day-trading/orders-types.md to defi_and_trading/day-trading/orders-types/README.md
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# Order types
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## order types
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#### tl;dr
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### tl;dr
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* You can "take " or "make" prices with market and limit orders.
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* You can "take " or "make" prices with market and limit orders.
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* The spread prevents us from making free money without risk.
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* The spread prevents us from making free money without risk.
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<br>
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<br>
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### Order book
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#### order book
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* open market for crypto pairs
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* open market for crypto pairs
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* red: sellers; green: buyers
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* red: sellers; green: buyers
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<br>
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<br>
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### Spread
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#### spread
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* the difference between the best bid and best offer
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* the difference between the best bid and best offer
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* you want a tight spread
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* you want a tight spread
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<br>
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<br>
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### Market order
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#### market order
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* choose the amount you trade
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* choose the amount you trade
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* don't choose the price
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* don't choose the price
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<br>
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<br>
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### Limit order
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#### limit order
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* choose the amount you trade AND the price
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* choose the amount you trade AND the price
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* get a better deal
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* get a better deal
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<br>
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<br>
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### Stop market order
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#### stop market order
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* choose the amount you trade
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* choose the amount you trade
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* don't choose the price
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* don't choose the price
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<br>
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<br>
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### Stop limit order
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#### stop limit order
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* choose the amount you trade AND the price
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* choose the amount you trade AND the price
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* choose at what price to place your limit order
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* choose at what price to place your limit order
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<br>
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<br>
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### Stop loss order
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#### stop loss order
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* a version of a stop limit order
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* a version of a stop limit order
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* stops your losses
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* stops your losses
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<br>
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<br>
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### Take profit order
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#### rake profit order
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* a version of a stop limit order
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* a version of a stop limit order
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* trades your position with a profit
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* trades your position with a profit
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<br>
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<br>
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---
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### resources
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