#CEXvsDEX101 WOD #TradingTypes101 word #SaylorBTCPurchase | AzizBalti on Binance Square

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#CEXvsDEX101 WOD
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#MyCOSTrade #CEXvsDEX101 #TradingTypes101 #EDGENLiveOnAlpha #SaylorBTCPurchase Words of the day Binance $BTC $ETH $XRP

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#WORD_OF_THE_DAY_BINANCE preset #CEXvsDEX101 volume #FTXRefunds wodl #TrumpMediaBitcoinTreasury wodt #PCEMarketWatch try $BTC $ETH $XRP

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#OrderTypes101 Master Your Trades: Crypto Order Types Explained 📊 Want to trade like a pro? Understanding order types is key—especially when trading BTC or other cryptos. Here’s a quick guide: 1️⃣ Market Orders What? Buy/sell instantly at current price. Best for: Quick entries/exits (but watch slippage!). 2️⃣ Limit Orders What? Set your price (e.g., "Buy BTC at $60K"). Limit Orders What? Set your price (e.g., "Buy BTC at $60 Best for: Precision trading (no surprises). 3️⃣ Stop-Loss (SL) What? Auto-sells if price drops (e.g., "Sell BTC at $58K to limit losses"). Best for: Risk management. 4️⃣ Take-Profit (TP) What? Locks in gains (e.g., "Sell BTC at $65K"). Best for: Securing profits. Pro Tip: Combine SL + TP for a "stop-limit" strategy! #OrderTypes101 $BTC

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