#OrderTypes101
๐ง Today I explored different order types on Binance, and it completely changed how I look at trading.
โ First, I tried the Market Order, which executes instantly at the current price โ useful for fast trades like BTC/USDT.
๐ Then I moved to the Limit Order, where I could set my own buy/sell price. It worked great for buying $ at a dip.
๐ I also tested Stop-Limit Orders, which help reduce losses during price drops.
๐ค Finally, I found the OCO (One Cancels the Other) order very helpful to manage profit and risk together.
๐ก Each order type has its use โ learning them helped me become a more confident and strategic trader!