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