🔰 #OrderTypes101: Understanding Order Types on Binance 🔰
Want to trade like a pro? Then it's time to understand what:
💠 Market Order — buy/sell at the current price. Fast, but with no control over the price.
💠 Limit Order — specify the price at which you want to buy or sell. Wait for the market to reach it.
💠 Stop-Limit — automatic placement of a limit order after the specified price (stop price) is reached.
💠 OCO (One Cancels the Other) — two orders at once: if one triggers, the other is canceled. Perfect for securing profits and limiting losses at the same time.
📊 Understanding these orders = control over trades and risk minimization.
💡 Want more educational posts? Hit 🔁 and let us know which order you use most often!
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