$ETH **#OrderTypes101**

Understanding order types is essential for trading success on Binance! Whether you're a beginner or an experienced trader, mastering these tools can help you execute strategies more effectively.

1. **Market Orders**: Buy or sell instantly at the current market price. Fast but no price control.

2. **Limit Orders**: Set your desired price. Only executes if the market reaches it. Great for precision.

3. **Stop-Loss Orders**: Automatically sell if the price drops to a certain level, limiting losses.

4. **Take-Profit Orders**: Lock in profits by selling when the price hits a target.

Pro tip: Combine stop-loss and take-profit orders (OCO) to manage risk and reward simultaneously. Always test strategies in a demo account first!