Quick Guide: Order Types in Binance Futures 🔥
When trading on Binance Futures, choosing the right type of order is key to your strategy. Here I explain each option you can see in the menu:
✅ Market Order
Buy or sell at the current market price. It is fast and direct. Ideal if you need to enter or exit NOW.
✅ Limit Order
You choose the price. It only executes if the market reaches that level. Perfect for planned trades with more control.
✅ Post Only
Your order is only published if it enters the book as a maker. Useful if you want to avoid paying taker fees.
✅ Stop Limit
Combines an activation price (stop) and a limit. It only executes if the price hits your stop, and within the range you specify.
✅ Stop Market
Similar to the stop limit, but executes at the market price once activated. Ideal for protecting yourself against sharp declines.
✅ Conditional
Executes an order when a specific condition is met, such as the mark price or last price.
✅ Trailing Stop
Follows the price with a percentage distance. Helps you secure profits while letting the trend run.
✅ TWAP
"Time Weighted Average Price" executes large orders automatically over a period to avoid affecting the price.
✅ Ladder Order
Divides your order into multiple price levels. Very useful in DCA-type strategies or for distributing entries/exits.
🎯 Tip: Before trading with leverage or using advanced orders, make sure to understand each function. Risk management is your best ally. 💪
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