#订单类型解析 📌 Binance Post | Newbie Understanding Order Types, Explained in One Go!

🧠【Must-Learn for Beginners】What do the order types in Binance mean? Explained all at once!

When you open the trading page, do you feel overwhelmed seeing terms like 'Limit Order, Market Order, Stop-Loss/Take-Profit Order'?

Don't worry, I'll teach you to understand Binance order types in 3 minutes to avoid buying wrong or selling too early.👇

📦 1. Limit Order (Limit)

📌 You set the buy/sell price yourself and wait for the market to execute.

✅ Suitable for: Not in a hurry, want to buy low/sell high.

🧠 Example: ETH is now 2800, you want to buy at 2700, so you place a limit buy order and wait for it to drop.

⚡ 2. Market Order (Market)

📌 Executes immediately at the current market's best price.

✅ Suitable for: Want to enter/exit immediately.

⚠ Note: Fast execution but price may slip significantly.

🧠 Example: You are afraid of missing the opportunity, so you buy ETH at market price, and it gets executed immediately.

🔐 3. Stop-Limit Order (Stop-Limit)

📌 Set a 'Trigger Price', once triggered, a limit order is placed.

✅ Suitable for: Risk control, stop-loss, or chasing after a breakout.

🧠 Example: You hold ETH and are worried it might drop below 2750, so you set:

Trigger Price: 2750

Sell Price: 2745

If it drops to 2750, it will automatically place an order to sell at 2745 for you.

🔓 4. Stop-Market Order (Stop-Market)

📌 Immediately executes at market price after triggering, faster but no control over the execution price.

✅ Suitable for: Quick stop-loss/take-profit.

🧠 Example: Sell all at market price if ETH drops below 2750 to avoid further decline.

✍ Summary Comparison Table

Type Immediate Execution Set Price Usage

Limit Order ❌ Wait for execution ✅ Enter/exit at a set price

Market Order ✅ Executes immediately ❌ Buy/sell instantly

Stop-Limit Order ❌ Wait for trigger to place order ✅ Control loss/chase after breakout

Stop-Market Order ✅ Executes immediately after trigger ❌ Quick stop-loss/take-profit

🎯 Little Advice:

Beginners are advised to use limit orders + stop-loss protection to avoid slippage.

When trading contracts and the market is volatile, use stop-market orders to prevent liquidation.

All orders can set 'Quantity' or 'Percentage', it is recommended to control position size!