#OrderTypes101

#OrderTypes101 – Master the Art of Trading on Binance 📊

Unlock smarter trading with a clear understanding of these essential order types:

1. Market Order – Executes instantly at the best available price. Perfect for quick entries or exits with minimal delay.

2. Limit Order – Set your preferred price and wait for the market to meet it. Offers price control, though execution isn’t guaranteed.

3. Stop-Loss Order – Automatically sells your asset when it drops to a specific price, helping to limit losses—crucial in 24/7 markets.

4. Take-Profit Order – Secures your gains by selling once your profit target is reached, ideal for hands-off strategies.

5. OCO (One-Cancels-the-Other) – A smart combo of limit and stop orders; when one executes, the other is canceled. Built for strategic traders.

6. Post-Only Order – Ensures your order adds liquidity by preventing immediate matches. Favored by market makers.

7. Immediate-Or-Cancel (IOC) – Executes as much as possible right away, then cancels the rest. Great for swift market moves.

8. Fill-Or-Kill (FOK) – All or nothing. The order must be filled completely at once or not at all—no partial executions.

9. Hidden Order – Keeps your order size off the public book, allowing discreet high-volume trades with less market impact.

10. Trailing Stop Order – Moves with the market to lock in profits as prices rise, giving you a dynamic exit strategy.

🔒 Disclaimer: This guide is for informational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.