Limit order
Updated 2026-09-20
Definition
An order to buy or sell only at a price equal to or better than the one specified.
Why it matters
Buy limit below the current price and sell limit above: you enter on a pullback at a better price. The risk is that price never reaches the level.
Practical example
EUR/USD at 1.1000: you place a buy limit at 1.0970 and wait for the pullback.
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Educational content, not financial advice. Trading involves risk.