Limit Order
| ||
An order to buy a stock at or below a specified price or to sell a stock at or above a specified price. Normally written as Good Till Canceled to allow the order to gain seniority over other orders at the same price. Does NOT have to be triggered to be filled. |
||
Additional Comments:
For instance, you could tell a broker, "Buy me 100 shares of XYZ Corporation at $8 or less" or "Sell 100 shares of XYZ at $10 or better."
|
Related Terms: | ||
Good Till Cancelled (GTC) - A GTC order authorizes the broker to buy or sell a position at a ... Sell Stop-Limit This is a version of the Sell Stop. This order says, “Don’t sell the shares unless ... Market Order An order to buy or sell securities at the price given at the time the order ... |
« Back | Stock Market Dictionary »
Latest Financial Advice
- Roth IRA Tax Guidelines
- Impact of News on Trader’s Psychology and Market Trends
- Overconfidence Bias in Stock Trading: A Critical Analysis
- Mastering Mindfulness Practices for Traders
- Impact of Market Volatility on Individual Psychology
- Leveraging Intuition in Stock Trading: A New Approach
- Mastering Mental Strategies for Effective Swing Trading
Free Investment Advice
Get free stock market tips and investing advice by subscribing to our newsletter: |
* Your information will not be shared or sold. |
Recommended Reading
Categories
- Trading Basics
- Investing 101
- Investing Essentials
- Understanding the Risks
- Beginning to Trade
- Trading Strategies
- Trading Psychology
- Retirement Investing
- Personal Finance
- Advanced Trading
- Penny Stocks
- FOREX Trading
- Commodity Futures
- Stock Tips
- Going Public
- Real Estate
- Research Tools
- Stock Spam
- Reviews
- Stock Market Dictionary