#TradingTypes101 Types of Trading Orders on Binance 🟡 – A Quick Guide for Beginners

📊 When executing a trade on the Binance platform, you will notice several types of orders, each serving a different strategy:

1. Limit Order 💰

Specify the price at which you want to buy or sell. The order is executed only when the market reaches this price.

2. Market Order ⚡

Executed immediately at the best available price. Suitable for speed but without precise price control.

3. Stop-Limit ⏹️

Triggers selling or buying when reaching a certain price (Stop), and is executed at a predetermined price (Limit).

4. Trailing Stop 📉📈

Automatically moves with the market to protect profits. It is executed if the price drops by a certain percentage from the highest point.

📌 Tip:

Choose the type of order according to your strategy – do you want speed? Or accuracy? Or protection from losses?