#TradingTypes101

✅ Types of Trading Orders on Binance 🟡 – A Quick Guide for Beginners

📊 When executing a trade on the Binance platform, you will notice several types of orders, each serving a different strategy:

1. Limit Order 💰

Specify the price at which you want to buy or sell. The order is executed only when the market reaches this price.

2. Market Order ⚡

Executed immediately at the best available price. Suitable for speed but with no precise price control.

3. Stop-Limit ⏹️

Triggers a sell or buy when a certain price is reached (Stop), and executes at a pre-defined price (Limit).

4. Trailing Stop 📉📈

Moves automatically with the market to protect profits. Executed if the price drops by a certain percentage from the highest point.