#OrderTypes101 Master the Basics Before You Trade!
New to trading or just need a refresher? Let’s break down the most common order types on Binance:
🔹 Market Order
> Instantly buys/sells at the best available price.
🟢 Fast, but no control over price.
💡 Best for quick execution.
🔹 Limit Order
> Set your desired price. The order executes only when the market hits it.
📈 More control, less speed.
🔹 Stop-Limit Order
> Combines a stop price (trigger) and a limit price (execution).
🚨 Great for setting risk-managed exits or entries.
🔹 OCO (One Cancels the Other)
> Place two orders at once. When one fills, the other cancels.
🔁 Perfect for setting both a take-profit and stop-loss.
🧠 Pro tip: Mastering order types = smarter, more strategic trading.
What’s your go-to order type and why? Share below! ⬇️