#OrderTypes101

Smart Trading on Binance: Mastering Order Types

Trading on Binance? Knowing how to use Market, Limit, Stop-Loss, and Take-Profit orders is key to smart trading.

🔹 Market Order: Executes instantly at current prices—great for quick moves but watch out for price slippage.

🔹 Limit Order: Set your desired price to buy or sell—more control but might not fill right away.

🔹 Stop-Loss: Automatically sells if prices drop to protect you from big losses.

🔹 Take-Profit: Locks in gains by closing trades at your target price.

My favorite? Limit orders, paired with stop-loss and take-profit for full control and risk management.

Pro tip: Always plan your entries and exits to trade smarter on Binance.