What is a Buy Limit Stock Order?

A buy limit pending order is an order to buy a stock at a better stocks price after stocks price has retraced from its current region.

A buy limit pending order is an order to buy at a lower stocks price than the current stocks price

A buy limit is only executed when the stocks instrument stocks prices falls and retraces to the set buy limit region.

Entry Limit Stocks Orders: Buy Entry Limit

Buy Limit Stocks Order definition - Entry limit is an order to buy a Stocks Trading at a certain stocks price which is a retracement level where stocks price is predicted to pull-back to before resuming the original Stocks trend.

Traders use buy limit pending orders to buy at better market price. These types of buy limit orders are provided for in most online platforms, for our examples we will use MT4 stock platform.

An entry buy limit pending order of this type can be used to buy below the stocks market level (retracement in an up stocks trend market).

Buy limit - When buying, your entry buy limit is executed when the stocks market falls to your set stocks price. ( retraces downward )

Entry orders are placed by traders when they expect stocks price to bounce back after reaching this level.

• Entry Buy Limit Stocks Orderbuy at a level below the current market level.

Buy Entry Limit Stock Order Example

In the stocks example illustrated and explained below, the buy limit order was placed to buy at a stocks price below the current market stocks price. Chart Point B is point at which it was set.

Buy Limit Stocks Order Placed to Buy Below the Current Market Stocks Price - What is a Buy Limit Stock Order?

The stocks instrument then retraced and went down to hit the buy entry limit, and afterwards stocks price continued to move upwards in direction of the original Stocks upwards trend. When the limit buy order was hit it changed to a buy order.

Stocks Price Hits Buy Limit Stock Order - Buy Limit Stocks Orders Now Changes to a Buy Order