You are new to the trading world, and it's essential to know that there are more than one type of "order" you can use when buying or selling a stock or cryptocurrency. Each type has a different advantage and helps you control the timing and price of execution more. 🤓💡 Here are the main types: 🔹 Market Order (Market Order) Buy or sell instantly at the best available price currently. Fast but not guaranteed to get the best price. 🔹 Limit Order (Limit Order) Specify the price you want to buy or sell at. It will only be executed if the price reaches the limit you set. Ideal if you have a price target. 🔹 Stop Order (Stop Loss Order) Converts to a market order when the price reaches a certain point. Useful for reducing losses when the market goes against you. 🔹 Stop-Limit Order (Stop Limit Order) Combines a stop order and a limit. When the price reaches a certain point, a limit order is executed at the price you choose.$BNB #OrderTypes101
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