#OrderTypes101

๐Ÿ”ฐ #OrderTypes101 (Binance Basics)

1. Market Order

Buys/Sells instantly at current price.

โœ… Use when speed matters.

2. Limit Order

You set the price, order waits until price hits.

โœ… Use when you want better price.

3. Stop-Loss Order

Auto-sells if price drops to protect from big loss.

โœ… Must-have for risk control.

4. Stop-Limit Order

Like Stop-Loss, but with more control.

โœ… Set both trigger price & sell price.

5. OCO (One Cancels Other)

Set target + stop-loss together.

โœ… One hits, other auto-cancels.

๐Ÿ’ก Tip:

Market = Fast

Limit = Smart

Stop = Safe