Buy Limit Orders
A buy limit order allows an investor to purchase a stock only if it falls to a specified price or lower. It’s a tool for gaining entry at favorable prices without chasing the market—and a common topic on exam questions about order execution logic.
You’ll learn:
How buy limit orders work and when they’re used
Why these orders might never be filled
How price movement affects execution eligibility
Exam traps related to timing, order priority, and price conditions
📘 Related Exams: SIE, Series 7, Series 9, Series 65, Series 66
🧠 Skill Level: Beginner-to-intermediate
📈 Topics Covered: Limit orders, price execution, investor strategies, order type comparison
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