#OrderTypes101
#OrderTypes101 Master Your Binance Trades 📈
Understanding order types enhances your trading strategy.
- **Market Order:** Executes instantly at best price—great for quick entries/exits.
- **Limit Order:** Sets a specific price; fills when reached.
- **Stop-Loss & Take-Profit:** Minimize losses and lock in gains automatically.
- **OCO:** Combines stop and limit orders; when one triggers, the other cancels.
- **Post-Only & IOC:** Control liquidity and execution efficiency.
- **FOK & Hidden Orders:** Ensure full fills or conceal large trades.
- **Trailing Stop:** Adjusts with market movements to protect profits.
Always research before trading.