#OrderTypes101

Mastering Order Types for Trading on Binance Real advice gleaned from actual experience—June 7, 2025 Knowing how to use Market, Limit, Stop-Loss, and Take-Profit orders will change the way you trade on Binance. These tools are more than just technical features; they are also how skilled traders control risk and make money. Market Structure

immediately executes at the current price. Ideal for quick trades during major movements; however, prices can quickly fall. When: Speed is more important than precision. Limitation Order

Decide on a purchase or sale price. gives you control, but if the price isn't right for you, it might not be filled. Use when: You want better entries or exits and can wait.

The Stop-Loss

protects you by selling automatically when the price falls below a predetermined level. essential to risk management. When: You can't keep an eye on the market all the time. Profit Sharing closes the trade when the target is reached, locking in gains without feeling cheated. When: You want to make money and have a clear goal. What's my go-to? Limitation Orders I get price control from them, especially in down markets. For a complete setup, I frequently pair them with stop-loss and take-profit. A Brief Lesson On one occasion, I didn't use a stop-loss on an overnight trade. woke up to a drop of 30%. Although painful, it taught me to always plan my exit and entry