At Limit

What does 'At Limit' mean

At limit is an order that sets a maximum limit on the buy price and/or a minimum limit on the sell price. An at limit order, rather than triggering a transaction at a specified price, like a standard limit order, stops triggering once the limit is reached.

BREAKING DOWN 'At Limit'

At limit orders can be especially useful when one is placing bulk orders or if the market is moving very rapidly in one direction or the other. It's also helpful when one is seeking to accumulate or dissipate a position over time.

RELATED TERMS
  1. Buy Limit Order

    An order to purchase a security at or below a specified price. ...
  2. Market-With-Protection Order

    A type of market order that is canceled and re-submitted as a ...
  3. Bracketed Sell Order

    A sell order on a short sale that is accompanied (or "bracketed") ...
  4. Daily Trading Limit

    The maximum gain or loss on a derivative contract, such as options ...
  5. At The Highest Possible Price

    A type of security trading designation that instructs a brokerage ...
  6. Box-Top Order

    A buy or sell order made at the best market price. If the order ...
Related Articles
  1. Investing

    How To Start Trading: Order Types

    The types of orders you use can have a large effect on your trading performance, so understanding the different order types is important to your success.
  2. Trading Strategies

    Simulator How-To Guide: Advanced Trade Types

    So far, you've only bought and sold stocks using market orders, which is essentially you instructing your online brokerage to "trade the numbers of shares I've instructed you to at the current ...
  3. Options & Futures

    How Do Limit Orders Work?

    Picking entry and exit points can be a big challenge for investors. Find out how limit orders can help you buy and sell a stock at the price you want.
  4. Trading Strategies

    Making The Trade: Understand Order Types

    Buying and selling stock can be a lot like buying or selling a car. Traders should use and understand tools such as market orders, limit orders, day orders, and good-'til-canceled orders to ensure ...
  5. Investing

    Stop Limit Orders

    A stop limit is an order to sell or buy a stock once it reaches a certain level, but only if the shareholder can obtain a specified price.
  6. Trading Strategies

    Introduction To Order Types: Market Orders

    Note: Use a market order to guarantee a fill. A market order is the fastest and most reliable way to get in out of a trade. A market order is appropriate if getting filled is more important than ...
  7. Options & Futures

    Brokers and Online Trading: Accounts And Orders

    Types of Accounts Depending on what type of securities you hold, there are four major choices you have when opening an account: Cash Account: The basic account where you deposit cash to buy ...
  8. Investing Basics

    Understanding Buy Stop Orders

    A buy stop order is an order to buy a stock at a specific price above its current market price.
  9. Trading Strategies

    What's The Difference Between A Stop And A Limit Order?

    Find out what separates these two market orders and what they can do for you.
  10. Trading Systems & Software

    How To Place A Trade With MetaTrader 4 - Placing An Order

    Opening the Order Window The MetaTrader 4 Order window is used to place trades. The Order window can be opened using any of the following methods (see Figure 2): 1. Right-click on a currency ...
RELATED FAQS
  1. How do I place a limit order online?

    Learn how a limit order is placed, the types of stocks it is most useful for and the specifications placed with it to suit ... Read Answer >>
  2. What's the difference between a market order and a limit order?

    Buy and sell trades with market orders at the present stock price and execute limit orders if the stock price falls within ... Read Answer >>
  3. What is the difference between a stop order and a stop limit order?

    Learn the differences between a stop order and a stop limit order. Traders use these as stop losses and regular investors ... Read Answer >>
  4. What is the difference between a buy limit and a stop order?

    Learn the difference between buy limit orders and stop orders, including stop loss orders, and understand the risks of the ... Read Answer >>
  5. How do I place a buy limit order if I want to buy a stock during an initial public ...

    Learn how to place a buy limit order to buy a stock during an IPO. IPOs can be full of risks, and buy limit orders are one ... Read Answer >>
  6. When is a buy limit order executed?

    Understand how buy limit orders work, and factors such as the bid-ask spread and market volatility that traders must consider ... Read Answer >>
Hot Definitions
  1. Goldilocks Economy

    An economy that is not so hot that it causes inflation, and not so cold that it causes a recession. This term is used to ...
  2. White Squire

    Very similar to a "white knight", but instead of purchasing a majority interest, the squire purchases a lesser interest in ...
  3. MACD Technical Indicator

    Moving Average Convergence Divergence (or MACD) is a trend-following momentum indicator that shows the relationship between ...
  4. Over-The-Counter - OTC

    Over-The-Counter (or OTC) is a security traded in some context other than on a formal exchange such as the NYSE, TSX, AMEX, ...
  5. Quarter - Q1, Q2, Q3, Q4

    A three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
  6. Weighted Average Cost Of Capital - WACC

    Weighted average cost of capital (WACC) is a calculation of a firm's cost of capital in which each category of capital is ...
Trading Center