#OrderTypes101 📊 Hastings Order Types 101 🚀
Ready to trade smarter? Let’s break down the 3 main order types every trader should know:
🔹 Market Order
Instant execution at the best available price.
✅ Fast | ❌ Less control
🧠 Use when speed matters more than price.
🔹 Limit Order
Set your price — it only executes if the market reaches it.
✅ Full control | ❌ May not execute
🧠 Use when you're targeting a specific price.
🔹 Stop Order (aka Stop-Loss or Stop-Limit)
Triggers a market or limit order once your stop price is hit.
✅ Protects profits or limits losses
🧠 Use for automated exits or to reduce risk.
⚖️ CEX vs DEX?
Whether you're on a centralized exchange like Binance CEX or a decentralized one like Binance DEX, these orders are your toolkit for trading with confidence.
📈 Know your tools. Trade with strategy.