#OrderTypes101 – Binance Crypto
1. Market Order ⚡
Buy/Sell instantly at the best available price.
✅ Fast execution
❌ No control over price
2. Limit Order 🎯
Set your own price to buy/sell.
✅ Control over price
❌ May take time or not execute
3. Stop-Limit Order 🛑📉
Two prices: stop price triggers the order, limit price sets the execution price.
✅ Helps limit losses or lock profits
❌ Not guaranteed if price skips
4. Stop Market Order 🚨
Like stop-limit but executes as a market order once stop price is hit.
✅ Fast execution after trigger
❌ No price control after trigger
5. OCO Order (One Cancels the Other) 🔁
Place a limit sell and a stop-limit sell at the same time.
✅ Good for profit booking + stop loss
❌ Only one of them executes
6. Trailing Stop Order 🐾
Follows price movement by a set percentage.
✅ Locks profit as price rises
❌ Needs careful % setting
7. Post Only 📨 (Limit Order Only)
Ensures your order only goes to the order book (maker only).
✅ Avoid taker fees
❌ Order will be cancelled if it would execute immediately
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