Limit Price is a kind of purchasing order for securities. Limit price or order allows the investor to specify a price at which the trade will be executed whether it is buying or selling securities. Once the securities hit the specified price or better, the trade will be executed against the investor. The limit price guarantees the investor that the trade will be performed once securities reach the desired price and the opportunity will not be missed. However, on the other hand, good trading opportunities might be missed if the shares never reach the price requested. Hence, the limit must be decided after a thorough and detailed analysis. No doubt the limit price controls the execution but it might also lead to an opportunity loss. An investor can miss opportunities in a fast-moving market.