CryptoChoNgườiMới

#OrderTypes101

📈 Understand the different types of trading orders – Trade smarter!
#OrderTypes101

When trading crypto, understanding the different types of orders will help you gain better control, avoid buying high and selling low, and effectively protect your capital.

🔹 Market Order – Market order
👉 Execute the order immediately at the market price
✅ Suitable when you need to enter/exit a trade quickly
⚠️ May experience slippage during high market volatility

🔹 Limit Order – Limit order
👉 Buy/sell at the price you desire
✅ Good control over the entry price
⚠️ May not execute if the price does not reach your set level

🔹 Stop-Limit Order – Stop-limit order
👉 A combination of a stop order and a limit order
✅ Used for automatic stop-loss/take-profit
🎯 Example: When the price drops to 25,000 USDT → Trigger a sell at 24,800

🔹 OCO – One Cancels the Other
👉 Place 2 orders simultaneously (take profit & stop loss), when one order executes, the other automatically cancels
✅ A "2 in 1" solution that is extremely convenient for traders

🚀 Understanding the types of orders = Active trading, reduced risk!

💬 What type of order do you use most often? Share your experiences!
#OrderTypes101 #BinanceVN #CryptoChoNgườiMới