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Why are my limit orders filling before the price I set?

Posted by: FinBuenasNoches on May 27, 01:34

I keep setting limit orders for sells. And no matter I've given cushions as big as 10 dollars of what the current price is...and each time I check back in a few minutes to find that stock sold already. Do I not have the concept right?

Why are my limit orders filling before the price I set? FinBuenasNoches May 27, 01:34

example FinBuenasNoches May 27, 01:36

A limit order for less than than current price executes immediately. It's not a stop-loss. I think. Wellespring May 27, 03:04

ok I think I understand now. Thanks {nm} FinBuenasNoches May 27, 03:24

Yeah, people forget the or better part. {nm} ndmaster May 27, 08:01

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