🇸🇦 Types of Trading Orders

Understanding the types of orders helps you manage your trades. Each type gives you a different way to enter and exit the market.

🔹 Market Order:

Immediate execution at the current price. Fast but slippage may occur.

🔹 Limit Order:

You specify a certain price, and the order is executed only if the price reaches it. Useful for buying at a lower price or selling at a higher price.

🔹 Stop-Loss:

Automatically closes the trade if the price goes against you, to protect your capital.

🔹 Take-Profit:

Automatically closes the trade at the profit target you specified.

💡 Example:

If Bitcoin is at $50,000:

Market → Immediate Buy

Limit at $48,000 → Executes if the price drops

Stop-Loss at $47,500 → Stops the loss

Take-Profit at $52,000 → Secures the profit

📚 Sources:

Binance Academy – Types of Orders

📌 If you find this information useful, share it with those who matter to you, and give us a simple like to reach more people.

🔍 This is information, not a recommendation, and the market always involves risk, think with your mind and make your own decision.

$XRP $BNB $BTC #BinanceHODLerOPEN #USNonFarmPayrollReport #USNonFarmPayrollReport #MarketPullback wr#Write2Earn