#OrderTypes101 ¡Understood! Here you have a clear and useful post about order types on Binance (over 120 characters):
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📊 **Master Orders on Binance! Basic Types You Should Know:**
1️⃣ **Market Order:** Buy/Sell **at the current price** instantly. Fast and easy!
2️⃣ **Limit Order:** Set the price **you want**. It executes ONLY if the market reaches it.
3️⃣ **Stop-Limit:** Combines Stop-Loss + Limit. It activates when it hits a "stop" price, then executes a limit order.
4️⃣ **Take Profit:** Closes your position **automatically** when it reaches your target profit price.
5️⃣ **Stop-Loss:** Limits losses. It sells **automatically** if the price falls to your defined level.
💡 **Why do they matter?**
→ You control your risk (Stop-Loss).
→ You secure profits (Take Profit).
→ You buy/sell at your ideal price (Limit).
Use these tools to trade more strategically! 🚀
#Binance #Trading #Cryptocurrencies #Finance #