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Binance Market Update
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#OrderTypes101 In trading, orders are instructions to buy or sell assets. Common types include market orders (executed instantly at current price) and limit orders (executed at a set price). Stop-loss orders reduce risk.
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$BTC 🔹 3. Scalping • Description: Making dozens or hundreds of trades per day to profit off small price changes. • Timeframe: Seconds to minutes. • Tools: Real-time charts, low-latency execution, Level 2 data. • Pros: Potential for frequent small gains. • Cons: Very high stress and transaction costs.
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#CEXvsDEX101 🔹 3. Scalping • Description: Making dozens or hundreds of trades per day to profit off small price changes. • Timeframe: Seconds to minutes. • Tools: Real-time charts, low-latency execution, Level 2 data. • Pros: Potential for frequent small gains. • Cons: Very high stress and transaction costs.
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#TradingTypes101 🔹 Scalping • Description: Making dozens or hundreds of trades per day to profit off small price changes. • Timeframe: Seconds to minutes. • Tools: Real-time charts, low-latency execution, Level 2 data. • Pros: Potential for frequent small gains. • Cons: Very high stress and transaction costs.
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