#OrderTypes101

*📊 UNDERSTANDING THE TYPES OF ORDERS ON BINANCE — #OrderTypes101*

If you enter the market and only use "market order," you're leaving money on the table.

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📌 *1. Market Order:*

Buy or sell *immediately*, at the *current price*.

✅ Fast

❌ May get a worse price during high volatility.

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📌 *2. Limit Order:*

You set the price you want to pay or sell.

✅ More control

❌ Can take longer or may not execute if the market doesn't hit the price.

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📌 *3. Stop-Limit:*

Protection. Set a trigger price to sell before losing too much.

✅ Manages risk

❌ If misconfigured, you may exit too early.

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📌 *4. OCO (One Cancels the Other):*

Two orders in one: a sell order with profit and a protection order with stop.

✅ Strategic

❌ Requires more attention

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*💡 A smart trader masters orders. A beginner clicks in desperation.*

Know which to use, when to use — and start playing like a professional.

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#OrderTypes101 #BinanceTips #cryptouniverseofficial #TradingTales