marketorder

Binance Term of the Day: Types of Orders 📝

In Binance Spot, there are 2 main types:

**1. Market Order = Market Order**
= "Buy now at whatever price is available". Fast but does not control the price. There is Slippage.

**2. Limit Order = Limit Order**
= "Buy only if the price reaches $60,000". Controls the price but may not be executed.

$ what I learned:
- I want to buy/sell now and it's urgent = Market
- I want a specific price and I'm not in a hurry = Limit

As a beginner, I only use Limit to avoid Slippage.

Do you use Market or Limit more?

#LimitOrder #MarketOrder $BTC #Kalshi’sDisputewithNevada $ETH #RheaFinanceReleasesAttackInvestigation #CharlesSchwabtoRollOutSpotCryptoTrading $USDC #BitcoinPriceTrends

UD ☀️

Let's try to work out the bearish scenario for #SUI
With stop losses, risk management, just how we like it.
Long-term.

#SUI SHORT⬇️
X10 MAX

➡️EP #MARKETORDER OR #TRIGGER 0.8934

⚠️SL 0.9838

✔️TP 1 - 0.8669
✔️TP 2 - 0.8181
✔️TP 3 - 0.7623
✔️TP 4 - 0.6835
✔️TP 5 - 0.5019

Profit to loss ratio 4.38\1

Stream setup

#XRP SHORT⬇️
X10 MAX

➡️EP #MARKETORDER
⚠️SL 1.4242

✔️TP 1 - 1.3929 ✅
✔️TP 2 - 1.3801
✔️TP 3 - 1.3617
✔️TP 4 - 1.3222

Risk to reward ratio 6.5\1
$XRP