📘 #TradingTypes101 – Know Your Trading Tools

Mastering order types = mastering your risk.
Each order type serves a purpose in your strategy. Let’s break it down. 👇

🔹 Market Order

→ Instant execution at the best available price

✅ Use when: Speed > Price

⚠️ Watch out for slippage in volatile markets

🔹 Limit Order

→ Executes only at your set price (or better)

✅ Use when: You want full price control

⏳ May not fill if market doesn’t reach your level

🔹 Stop-Loss Order

→ Triggers a sell when the price hits your stop level

✅ Use when: Protecting your capital

🛡️ Key tool for managing risk

🔹 Take-Profit Order

→ Triggers a sell when the price hits your profit target

✅ Use when: Locking in gains

🎯 Helps automate your exit strategy

📌 Pro Move:

Pair Stop-Loss + Take-Profit = Balanced risk + reward 💼

💬 My go-to? Limit Order + Stop-Loss — for precise entries and protection in every trade.

Now it’s your turn.

What’s your favorite order type and why? 🧠👇

Post with #TradingTypes101  and earn Binance Points!