#OrderTypes101
🎯 Understand Order Types to Trade Like a Pro!
Have you ever placed a trade… then panicked as the price suddenly “took off”? That’s probably because you weren’t using the right type of order.
📌 There are 3 basic order types you need to know:
1. Market Order – Instantly buys/sells at the current market price. Fast, but may result in slippage.
2. Limit Order – Lets you set your desired price. More optimal, but it might not fill if the market doesn’t reach that level.
3. Stop-Limit / Stop-Market – Perfect for risk management and breakout entries. Extremely important in volatile markets! 🤑
💡 Choosing the right order type = better emotional control + maximized profits. 💝
📈 Trade smarter today on Binance – a platform that supports all advanced order types.
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