Limit

What it does: places an order at a specified price and waits to be filled when the market reaches it.

Typical use: price-controlled entries or exits, passive making, and structured execution around key levels.

Key parameters: limit price and quantity (plus time-in-force where available).

Tradeoff: strong price control, but fill is not guaranteed if the market does not trade your price.

Example: place a limit buy at 89,000; it fills only if the market trades down to 89,000 (or bett