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RiskManageme

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Ordertype101📘 #Ordertype101 Knowing how to place the right order can be the difference between profit and panic. Here’s a quick breakdown of common crypto order types👇 🟢 Market Order ✔ Executes instantly at the best available price ⚠ Best for speed, not precision 🟡 Limit Order ✔ Set the exact price you want to buy/sell at ⚠ Only executes if market hits your price 🔴 Stop-Loss Order ✔ Automatically sells your asset to limit losses ⚠ Critical for risk management 🔵 Take-Profit Order ✔ Locks in gains when a target price is hit ⚠ Helps automate profits without emotions 🔐 Pro Tip: Combine stop-loss and take-profit orders with your strategy to stay one step ahead of the market. 💬 What order type do you use most — and why? #Binance #CryptoTrading. #TradingTips #RiskManageme

Ordertype101

📘 #Ordertype101
Knowing how to place the right order can be the difference between profit and panic. Here’s a quick breakdown of common crypto order types👇

🟢 Market Order
✔ Executes instantly at the best available price
⚠ Best for speed, not precision

🟡 Limit Order
✔ Set the exact price you want to buy/sell at
⚠ Only executes if market hits your price

🔴 Stop-Loss Order
✔ Automatically sells your asset to limit losses
⚠ Critical for risk management

🔵 Take-Profit Order
✔ Locks in gains when a target price is hit
⚠ Helps automate profits without emotions

🔐 Pro Tip: Combine stop-loss and take-profit orders with your strategy to stay one step ahead of the market.

💬 What order type do you use most — and why?

#Binance #CryptoTrading. #TradingTips #RiskManageme
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