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Trading
Limit Order
Order to buy/sell at a specified price or better
Definition
Limit order executes only at the specified price or better. Buy limit orders execute at or below the limit price, while sell limit orders execute at or above. No execution guarantee, but price control is ensured.
Related Topics
#order types
#price control
#execution certainty
#trading strategy
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Category: Trading
Trading concepts cover market mechanics, order types, liquidity, and execution strategies.
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