Limit Order | Definition, How It's Used, and Limit vs. Stop Orders
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Limit Order | Definition, How It's Used, and Limit vs. Stop Orders
Learn the definition of a limit order and how it works. Understand the difference between limit orders and stop orders. Click on to know more.
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Limit order v/s Market order v/s Stop loss orderLimit order: A limit order is visible to the market and instructs your broker to fill your order at a specific price.Market order: A market order is an order to buy or sell a stock at the market’s current best available price.Stop loss order: A stop loss order is an order placed to limit the losses when you fear that the price may move against your trade. Eg, if you have bought shares of ABC at Rs 100 and want to limit the loss at 95, you can place
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