#OrderTypes101 ๐๐ง
New to trading on Binance? Letโs break down the main order types youโll use! ๐
๐น Market Order โ Instant buy/sell at the current market price. Fast but may vary slightly in price. โก
๐น Limit Order โ You set the price, the trade happens only when the market hits it. ๐ฏ
๐น Stop-Limit Order โ Combines stop and limit. Good for managing risk. ๐๐
๐น OCO (One Cancels the Other) โ Place 2 orders at once: when one executes, the other is canceled. ๐
Using the right order = smarter trading! ๐ง
Mastering them helps you buy low, sell high & protect your bags. ๐ผ๐
Which one do you use the most? ๐๐ฌ