Trade Forex Trading

Stocks Trading Interpret a Buy Limit Stock Order in Stocks

Trading Stocks Read a Buy Limit Stock Order in Stocks

The stocks example illustrated and explained below explains how to set a buy limit order in MT4 platform.

A buy limit order in stocks is an order to buy at a better stocks price after the price has retraced.

A buy limit order is a pending stocks trading order.

Setting Buy Limit Stocks Orders Stocks Pending Stock Orders on MT4

To set up these stocks buy limit orders in MetaTrader 4 platform use the following procedure:

  1. Rightclick on the stocks trading chart
  2. Choose "Trading" Option on the Trading Menu
  3. Then Select "New" Stocks Order Option on the Pop up stocks trade order widow that appears
  4. Then on the stocks trade setup pop up trading window that appears -shown below, under label "Type" of stocks order select option of Stocks Trading "Pending Stocks Order" instead of "market execution" trading order
  5. Under the pending stocks order options select the pending stocks order type: For this stocks trade select "Buy Limit Stocks Order" pending stocks order so as to place a pending buy limit order and after which specify the stocks price at which you want the buy limit pending order executed.

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