#OrderTypes101
Confused by order types on Binance? Here's a quick guide:
Market Order: Executes instantly at the current price.
Limit Order: You set the price; it executes only when the market hits it.
Stop-Limit: Triggers a limit order when a specific stop price is reached.
OCO (One Cancels the Other): Combines two orders—once one executes, the other is canceled.
Understanding these can help you manage risk and optimize trades. Whether you're scalping or swing trading, mastering order types gives you more control in volatile markets.
#OrderTypes101