📘 #OrderTypes101 – Mastering the Basics of Crypto Trading
New to trading on Binance? Understanding different order types is a must if you want to trade smarter and avoid rookie mistakes.
🔹 Market Order – Fast & simple. Buys/sells instantly at the best available price. Great for speed, but not always for price.
🔹 Limit Order – You set the price, Binance executes when the market matches it. More control, but may not fill if the price isn't reached.
🔹 Stop-Limit Order – A two-step trigger. When your stop price hits, it places a limit order. Ideal for minimizing losses or locking in profits.
🔹 OCO (One Cancels the Other) – A pair of orders. When one executes, the other gets canceled. Perfect for setting a target and a stop-loss at once.
Every pro trader started by learning these basics. What’s your go-to order type and why?
👇 Share your strategy or ask questions below!
