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11 thoughts on “Limit order definition day trading terminology”
  1. Avataaar/Circle Created with python_avatars @chauffeurmarco says:

    I,M a beginer and have been doing simulation for three months now. Me, I don't like to put a limite a bit over the ask, especialy when there is a big diference between the ask and the bid. The total gap can be himportant. if we miss this one, its a big loss

  2. Avataaar/Circle Created with python_avatars @mikerabinovici5855 says:

    How do I go about putting an order at an above market price? Let's say the price is 7.00 and I want to enter the trade only when the price breaks through support level of 7.08 for example? Thanks

  3. Avataaar/Circle Created with python_avatars @KingC7 says:

    is level 2 information available to those still under the PDT rule?

  4. Avataaar/Circle Created with python_avatars @jarekmatthew8039 says:

    If I set my sell price too high and see things going pear-shaped, can I sell my limit order prematurely or is it stuck at my established 'sell' price?

  5. Avataaar/Circle Created with python_avatars @InLawsAttic says:

    I don't understand what he meant by a "marketable limit order"… did he mean put your limits closer to market to order?

  6. Avataaar/Circle Created with python_avatars @chicano_travels says:

    Is a limit order similar to a negotiation while a market order is price as is? Does that make sense?

  7. Avataaar/Circle Created with python_avatars @bearmpd says:

    Just to clarify – If I set a stop loss using a limit order, for example, a stock is at $2.00 and I set my stop loss at 1.93 but the next move the stock makes is a large drop to 1.80, will a limit order sell at 1.93 or 1.80? Thanks

  8. Avataaar/Circle Created with python_avatars @brush125 says:

    Can you explain limit,stop loss and stop limit bc when I tried to put a stop to a stock idk which is what? If I use stop loss I'm prompted to fill out stop limit and vice versa

  9. Avataaar/Circle Created with python_avatars @jchan59 says:

    can I use the stop limit order as a stoploss or should I be using plain stops(mkt) for the stoploss? Is it possible to buy a limit order and set up stop limit order without using margin? thanks!

  10. Avataaar/Circle Created with python_avatars @himanshudass508 says:

    which platform is it?

  11. Avataaar/Circle Created with python_avatars @paulkerr9260 says:

    Question about the offset — so my Hotkey is set to buy 100 shares at the Ask with a .05 offset, if the current price is 2.50, will the buy execute at 2.50 (barring the price jumping up) OR does the buy execute at 2.55?

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