> ๐งพ #OrderTypes101
Confused about order types? Here's a quick guide for beginners:
๐ข Market Order โ Instant buy/sell at current price. Fast, but no control.
๐ก Limit Order โ Set your price and wait. More control, but not always filled.
๐ด Stop-Loss โ Helps limit your loss if the market goes against you.
๐ Take-Profit โ Locks in profit when the price hits your target.
I mostly use limit orders to stay in control โ but Iโve been burned by not using stop-loss ๐
What order type do you use the most?
#CryptoBasics #BinanceSquare #TradingTips #NewTrader