#OrderTypes101 #OrderTypes101
Did you know that the type of order you use in trading can completely change the outcome? 🤯
Order types are not just 'Buy and Sell'; each type has a smart use! Here are the most important ones:
🔹 Market Order:
The trade is executed immediately at the best available price.
✅ Fast
❌ Price is not guaranteed accurately (especially in market volatility)
🔹 Limit Order:
You set the price you want and wait for it to be met.
✅ Price is guaranteed
❌ The order may never be executed
🔹 Stop-Loss Order:
To protect your profits, the sale is triggered automatically if the price drops to a certain level.
✅ Reduces losses
✅ Very useful in volatile markets
🔹 Take-Profit Order:
The sale is triggered automatically when the currency reaches a profit target you set in advance.
💡 Use these tools wisely… successful trading starts with managing orders!
Share your experience with buy and sell orders 👇
#OrderTypes101 #CryptoTips #Binance #Trading