Limit order — meaning explained

Limit order: Buy or sell only at your chosen price.

What it means

You set the maximum you'll pay or minimum you'll accept. It may never fill, but you're never surprised by the price.

Category

Strategy — part of the free InvestED Academy investing glossary for teens.

See it in action

Practise with real prices and fake money in the market simulator, or start the free course at module one.