#OrderTypes101

✅ Basic Order Types on Binance (Spot Trading)

Market Order

→ Buys or sells immediately at the current price.

Limit Order

→ You set a price, and it buys/sells only when the market reaches your price.

Stop-Limit Order

→ Like a limit order, but it only activates after the price hits your stop level.

Stop-Market Order

→ Turns into a market order when your stop price is hit.

OCO (One Cancels the Other)

→ Two orders: one for profit, one for stop-loss. Only one will trigger, the other is canceled.

Trailing Stop Order

→ Follows the price, and sells if the price drops by a set %.