Support Board
Date/Time: Sun, 09 Mar 2025 20:56:13 +0000
Post From: Limit orders executed immediately at random prices instead of set price.
| [2022-03-02 14:20:28] |
| 1+1=10 - Posts: 270 |
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Kenny, Fellow user here. I think you’re confused about how limit orders work. If you place a buy limit order at 33360 and the market price is 33347 then you’ve essentially placed a market order. Why? A buy limit order tells the exchange to fill the order at this price or better. For a buy, 33347 < 33360, meaning 33347 is a better price. Typically buy limit orders are placed below the current market price. If you’re trying to create a buy entry order that is above the current market price, then you’d use a buy stop order, which says when the market price is >= the buy stop price, then submit a buy market order. |