#OrderTypes101
🧾 Understand orders: what types of orders are there in trading?
Not all trades are the same! Here are the basic types of orders that every trader should know:
📌 Market Order – buy/sell at the current price.
🔹 Fast, but the price can change right during execution.
📌 Limit Order – you specify the price at which you want to buy or sell.
🔹 Control over the price, but there's no guarantee that the order will be executed.
📌 Stop-Loss Order – to limit losses.
🔹 For example: sell BTC if it falls below $60,000.
📌 Take-Profit Order – secure profit at a specified price.
🔹 For example: sell ETH when it reaches $4,000.
🎯 Understanding order types = risk management and strategy at a pro level!
#OrderTypes101 #TradingForBeginners #CryptoTrading #BinanceAcademy #Crypto #TradingTips #RiskManagement #Web3 #CryptoEducation