[{"data":1,"prerenderedAt":58},["ShallowReactive",2],{"term:limit-order":3},{"term":4,"related":45},{"id":5,"title":6,"body":7,"category":27,"description":28,"extension":29,"faq":30,"meta":31,"navigation":32,"path":33,"related":34,"seo":38,"stem":39,"takeaways":40,"__hash__":44},"terms\u002Fterms\u002Flimit-order.md","Limit Order",{"type":8,"value":9,"toc":22},"minimark",[10,15,19],[11,12,14],"h2",{"id":13},"understanding-limit-order","Understanding Limit Order",[16,17,18],"p",{},"A buy limit order executes only at the limit price or lower; a sell limit order only at the limit price or higher. You control the price, but the order may never fill.",[16,20,21],{},"Limit orders are useful for thinly traded securities and volatile markets, where market orders can fill at poor prices.",{"title":23,"searchDepth":24,"depth":24,"links":25},"",2,[26],{"id":13,"depth":24,"text":14},"trading","An order to buy or sell only at a specified price or better.","md",[],{},true,"\u002Fterms\u002Flimit-order",[35,36,37],"market-order","stop-loss-order","bid-ask-spread",{"title":6,"description":28},"terms\u002Flimit-order",[41,42,43],"A limit order sets the worst price you will accept.","It guarantees price, not execution.","It protects against slippage.","erbtWI985YKFZNm4sNWrLlKnJkNp9GHFUK9yIkuH-gw",[46,50,54],{"title":47,"description":48,"path":49},"Bid-Ask Spread","The difference between the highest price buyers will pay and the lowest price sellers will accept.","\u002Fterms\u002Fbid-ask-spread",{"title":51,"description":52,"path":53},"Market Order","An order to buy or sell immediately at the best available price.","\u002Fterms\u002Fmarket-order",{"title":55,"description":56,"path":57},"Stop-Loss Order","An order to sell a security once its price falls to a set level, to limit losses.","\u002Fterms\u002Fstop-loss-order",1793374005343]