In the cryptocurrency market, risk management is crucial. Take profit (TP) and stop loss (SL) orders are effective tools for protecting capital. Different order types (TP/SL, OCO, conditional orders) each have their characteristics, and understanding their mechanisms can optimize trading strategies. Especially when using limit and market orders, traders need to carefully set trigger prices to ensure effective execution, thereby reducing potential losses and locking in profits. Proper use of these tools can help traders better manage risk in volatile markets.