Limit Order
An order to buy or sell shares at a specific price or better. Limit orders sit in the orderbook until filled or cancelled.
In Depth
Limit Order is a fundamental concept in prediction market trading. In platforms like Polymarket with thousands of active markets, understanding limit order is essential for consistent profitability. TradeSphere data across 5,400+ markets shows that traders who master these concepts significantly outperform those trading on instinct.
In practice, limit order connects to Market Order, Orderbook, Slippage. PolyPulse tracks these metrics and publishes weekly analysis. For hands-on application, PolyFire provides real-time market data and copy trading via Telegram.
Related Terms
3Market Order
tradingAn order executed immediately at the best available price. Guarantees execution but not price.
Orderbook
marketsReal-time list of all buy and sell orders organized by price. Shows available liquidity and best bid/ask.
Slippage
tradingThe difference between expected and actual execution price. Increases in low-liquidity markets and with larger orders.
See It in Action
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