buying stock what does limit price mean
A limit order is an order to buy or sell a stock at a specific price or better. A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher.A limit order is not guaranteed to execute.A limit order can only be filled if the stockâs market price reaches the limit price. buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher. A limit order is not guaranteed to execute.