A limit order is an order to buy or sell a security at a specified price or better. It ensures that the order will only be executed at the limit price or better, but it may not be filled if the security does not reach the specified price.

A limit order is an order placed with a broker to buy or sell a security at a specific price or better. It is one of the most common types of orders used by investors and traders. Limit orders provide investors with more control over the price at which their orders are executed.
A limit order is an order to buy or sell a security at a specific price or better. The order will only be executed if the security’s market price reaches or goes beyond the limit price. If the security’s market price does not reach the limit price, the order will not be executed. Limit orders are used to ensure that an investor does not pay too much for a security or sell it for too little.
Limit orders can be used to buy or sell a security at a specific price or better. For example, an investor may place a limit order to buy a stock at $50 per share. If the stock’s market price is $50 or lower, the order will be executed. If the stock’s market price is higher than $50, the order will not be executed.
Limit orders can also be used to protect profits. For example, an investor may place a limit order to sell a stock at $60 per share. If the stock’s market price reaches or goes beyond $60, the order will be executed. If the stock’s market price does not reach $60, the order will not be executed.
Limit orders can also be used to set a maximum loss. For example, an investor may place a limit order to sell a stock at $40 per share. If the stock’s market price reaches or goes below $40, the order will be executed. If the stock’s market price does not reach $40, the order will not be executed.
Limit orders provide investors with more control over the price at which their orders are executed. They can be used to buy or sell a security at a specific price or better, protect profits, and set a maximum loss. Limit orders are one of the most common types of orders used by investors and traders.