#OrderTypes101 Trading is not only about when to buy, but also how. Let's break down the main types of orders on Binance:
🔹 Market Order
Buy/sell at the current price. Fast, simple — but not always at the best price.
🔹 Limit Order
You set the price yourself. The trade will execute only if the market reaches it. Ideal for precise entry/exit.
🔹 Stop-Limit Order
Planning to protect yourself from losses or lock in profits?
First, the trigger (stop) activates, then a limit order is placed.
🔹 OCO (One Cancels the Other)
Two orders in one: if one is executed, the other is automatically canceled. Convenient for "locking in profits / protecting against losses".
🔹 Trailing Stop
Automatically moves with the price. Good for maximizing profits while maintaining control over risks.
🎯 Understanding orders = control over your trading.
Trade smart — use Binance tools to the fullest!