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  1. Home
  2. /Glossary
  3. /Limit Order
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trading

Limit Order

An order to buy or sell at a specific price or better.

Definition

An order to buy or sell at a specific price or better. Unlike market orders that execute immediately at current price, limit orders wait until your price is reached. Use limit orders to get better prices on larger trades.

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Related Terms

Market Order

An order to buy or sell immediately at the best available price.

Order Book

A list of all buy and sell orders for an asset, organized by price.

Accumulation Phase

A period when smart money quietly buys up an asset before a major price move.

Annualized Return

The average yearly return on an investment, calculated to account for compounding.

Arbitrage

Profiting from price differences of the same asset across different markets.

Ask Price

The lowest price a seller is willing to accept for an asset.

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