#OrderTypes101 Master Your Trades!
Stop, Limit, or Market? Trading Orders Explained! đŚ
Confused by order types? Letâs fix that:
đšÂ Market Order:
Buy/sell instantly at current price.
âĄÂ Use when: Speed > precision.
đšÂ Limit Order:
Set your exact price (e.g., "Buy BTC at $60K").
âłÂ Use when: You control entry/exit.
đšÂ Stop-Loss (SL):
Auto-sell if price drops below X (limits losses!).
đĄď¸Â Pro Tip: Always set SL!
đšÂ Take-Profit (TP):
Auto-sell if price hits target Y (locks gains!).
đ°Â Pair with SL for risk management!
đ Practice on Binance Spot Demo!
#TradingStrategy #RiskManagement #Crypto #Binance
