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What Limit Order means
An order to buy or sell at a specified price or better. This is part of the mechanical toolkit traders rely on to control entries and exits with precision rather than reacting to price in real time.
An order to buy or sell at a specified price or better. This is part of the mechanical toolkit traders rely on to control entries and exits with precision rather than reacting to price in real time.
An order to buy or sell at a specified price or better. This is part of the mechanical toolkit traders rely on to control entries and exits with precision rather than reacting to price in real time.
It gives traders price control but no guarantee the order will fill. New traders benefit from internalizing this early, since it underpins much of the terminology and reasoning used throughout the rest of their trading education.
Placed above current price to sell, or below to buy. In practice, traders typically encounter this directly within their trading platform, charting software, or an economic calendar, depending on the specific context in which it arises.
