#OrderTypes101 MASTER THE TYPES OF ORDERS ON BINANCE.

Hello, traders! 🚀 Understanding the types of orders is key to successfully trading on Binance. Don't limit yourself to the "Market"; explore your options to maximize profits and minimize risks.

With the Market order, you buy or sell instantly at the current price. It's fast, ideal when speed matters.

The Limit order allows you to set a specific price. Your order is only executed when the market reaches that value, giving you control over the entry or exit price. Perfect for setting your limits!

To protect your profits or limit losses, use the Stop-Loss order. This is activated when it reaches a predefined price, turning into a market or limit order.

Finally, the Trailing Stop is dynamic: it automatically adjusts the stop-loss as the price moves in your favor, protecting your profits in volatile markets.

Knowing and applying these types of orders will give you a significant edge. Start using them wisely on Binance!