Characteristics of Limit Orders
1. Buy
Order < Current Market Price.
2. Sell Order > Current Market Price.
3..Limit Orders are usually entered to take a profit.
4..It is possible that Limit Orders may not be executed at
the specified market price even if it trades at the
level. Execution depends on the liquidity. If the
market is gapping, the executed price may be different than the Limit
Order.


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