Pros & Cons of Placing a Limit Order in the Stock Market

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  • Опубликовано: 1 ноя 2024

Комментарии • 62

  • @markrevillame8245
    @markrevillame8245 5 лет назад +1

    Hi Sasha, If the stock close at $2.60 today and I place a sell limit order at $1.60 good till cancelled. Will my sell order gets filled even if the price still up above $2.60?

  • @cristylopez3001
    @cristylopez3001 7 лет назад +4

    I love your channel sasha , thanks for the videos you speak very fluenty i understand to you very good (english is my second lenguage)

  • @DallasJimmy
    @DallasJimmy 7 лет назад +2

    So Sasha, if I trade penny stock (Price $$$ change constantly ). Is it better to do Buy ( MARKET ) and Sell (MARKET)? What is your opinion?

  • @09vitec
    @09vitec 6 лет назад

    Thanks Sasha for your informative vids. Anytime I need to have an answer to a stock question, I am so glad you have these here. It truly is helpful. Best to you with trading!

  • @tanianayeli4132
    @tanianayeli4132 3 года назад

    Would it be too late to change my orders to limit order , or once is done is done .. thank you

  • @justinturner3268
    @justinturner3268 8 лет назад +3

    Thank you for the videos I will subscribe. What is your opinion on this scenario? Stock ABC Bid price 48.20 Ask price 48.22. If I placed a limit order at 49$ they will fill me at the best available price correct? Around the 48.22 range? I always use limit orders even for something I want instantly. I haven't ever seen a point in using the market order.

  • @mubarakmukasa7983
    @mubarakmukasa7983 5 лет назад +1

    Am impressed by the way u simply terms

  • @michaelperry6376
    @michaelperry6376 4 года назад

    Love using some of your older videos Professor

  • @ironmask2012
    @ironmask2012 8 лет назад

    Got a question about buy limit order for pre-market. Lets say the stock i want to buy is $5 and i want to buy it but am afraid i will get filled at a high price if i set market order. If i set a buy limit order at exactly $5, will I get filled? Or do I set the buy limit order above or below the current pre-market price?

  • @doobieswithdanny2035
    @doobieswithdanny2035 3 года назад

    So I’m trying to buy HITIF right now on fidelity a share cost about $0.60, but it said they don’t sell market orders on stocks less than $1 and I’d have to buy them as limit orders. I wanted to buy $100 worth of it. Would it make sense if I put my limit at $5? If anybody out there can please help me I’d really appreciate it 🙏🏼

  • @nreddy99708262
    @nreddy99708262 8 лет назад

    I had a question - so say Amazon went down $1 during market hours and during after market hours it sky rockets down $10. So basically what this means is right when the market opens the next day the stock will go back to the $1 it was down but during the day there's a good chance it will get down to $10 correct? So I should probably sell my shares the morning of, before it starts trending down close to 10$?

  • @SneakySteevy
    @SneakySteevy 7 лет назад +1

    If I set the limit to buy a stock at 2$. The order will filled at the ask price even if the price is 2,02?

  • @DreamwalkerTenesha
    @DreamwalkerTenesha 8 лет назад

    does the limit order still go through if the stock price had passed the limit you set? ex: limit set at .10 stock price jumps from .09 to .14
    Thanks!

  • @deepakpatnaik8457
    @deepakpatnaik8457 7 лет назад

    Learnt a lot. This is very useful.

  • @nmopw1861
    @nmopw1861 6 лет назад

    Hi Sasha, Can the Limit Order be used effectively in the following scenario as an Example:
    - Stock is priced 80$ at the moment
    - Previous resistance were at 100$ and you are watching this price as an entrance
    - You have a 9-5 daily job and you don't want to miss the potential spike on the resistance line being broken
    Now if you place a limit order at 100$ (with current price being 80$), would that get filled only when the market riches the price around 100$? Or is there a risk that the order get's filled immediately because someone else want's to sell it more expensive than the market price?
    Thanks for your video :)

    • @nmopw1861
      @nmopw1861 6 лет назад

      Awesome, thanks man :)

  • @Mountshasta
    @Mountshasta 6 лет назад

    Hi, how can I analyze the volume or liquidity in a certain stock, let's say a small company will have a lot less volume than a huge company, is there a way I can value liquidity depending on the company size?

  • @malthus101
    @malthus101 5 лет назад

    and what about if price is 25, but I ONLY want to enter when it touches 30 (proof of bullishness), I would place a limit order to buy at 30?

    • @tradersflyofficial
      @tradersflyofficial  5 лет назад

      Yes you can do that in your order panel within your platform. There is a few different types of triggers such as a stop limit order

    • @malthus101
      @malthus101 5 лет назад

      @@tradersflyofficial well I tried it on a crypto exchange and it filled me instantly! Why would it do that do you think? Then say because the current price was lower than the limit price

  • @spiritedHeyer
    @spiritedHeyer 7 лет назад

    Hi there, thanks for the video. I wanted to expand on limit orders. Does the limit order always gets filled if the price goes beyond the limit order? So let's say I want to go long at 35$ at market open, stock is trading at 36$, goes down to 34$ and back up to 36$ within the first minute of market open, with the wide bid spread associated with market open and high volatility, will my order get filled at 35$ assuming liquidity is not an issue?

    • @spiritedHeyer
      @spiritedHeyer 7 лет назад

      Great! Thanks for your reply and your videos!

  • @ixiruxa
    @ixiruxa 7 лет назад

    thanks for this. I had the right trade and the wrong execution order, and ended up losing money because of that. Antonella

  • @nguaial8490
    @nguaial8490 7 лет назад +1

    Isn't "buy stop" opposite of "buy limit"? So when price keeps going up, trigger "buy stop". When price goes down, trigger "buy limit".

  • @darthtrader1027
    @darthtrader1027 4 года назад

    To me, there is NO OTHER way to Daytrade. Set a limit for 4-12 cents below the current market price. Then after I've acquired an order, I set a sell limit about 4-12 cents above what the current market price was at.

  • @1888CHAD8881
    @1888CHAD8881 5 лет назад +1

    Is it free to cancel a limit order? I use fidelity

    • @tradersflyofficial
      @tradersflyofficial  5 лет назад +1

      Most of the time, yes - i imagine if the order does not go through it wont charge you but you can reach out directly to Fidelity and ask.

  • @stamatouvable
    @stamatouvable 9 лет назад

    Hey sasha,
    Iv noticed a change in volume and very messy intraday charts the past couple of weeks. Are there holidays in America at the moment? Or is it just uncertainty in the market?

    • @CarftCrO0K
      @CarftCrO0K 9 лет назад

      +Steven Stamatis I guess it's because people are waiting to see what will happen with the Fed if there will be a raise in interest or no, but stay based on what you see :)

    • @stamatouvable
      @stamatouvable 9 лет назад +1

      +Sasha Evdakov (TradersFly) thanks sasha. I was starting to panic a bit

  • @PizzaCandyChipsPop
    @PizzaCandyChipsPop 6 лет назад

    Great video! Thanks!

  • @khanhng2010
    @khanhng2010 7 лет назад

    how do you sell your stock on td ameritrade by T-Stop % and $? Let's say a penny stock is .18 cents and when the market open, i know that the price will go up to 20 cents by mid day it will go to 24 cents. So let's say i want to sell my stock by 22 cents, how do you set it with T-Stop $ to sell when the price reaches 22 cents?

  • @nguaial8490
    @nguaial8490 7 лет назад +2

    If the stock price keeps going up, "Buy Limit" will not get filled. So this will be a HUGE downfall.

  • @Fabianstarr22
    @Fabianstarr22 7 лет назад +1

    You said Feng Shui! I like you thinking!

  • @troypalmer3262
    @troypalmer3262 6 лет назад

    Excellent video

  • @dionreed830
    @dionreed830 7 лет назад +7

    Hi,I did this with cannabis Sativa stock and got a great deal.

  • @ironmask2012
    @ironmask2012 8 лет назад +1

    Wanted to add both the bid and the ask price was $5 at the time and the stock is very liquid

  • @milant9206
    @milant9206 6 лет назад

    Great vid helped me alot

  • @01DigitalWorld
    @01DigitalWorld 7 лет назад

    Do you still pay commission if the position is not filled?

  • @danielmanahan692
    @danielmanahan692 5 лет назад

    links in the video don't work

  • @moneymanfernando1594
    @moneymanfernando1594 6 лет назад +1

    So with limit orders execution is not guaranteed . Isn`t that one of the cons ??

  • @awannnn9858
    @awannnn9858 7 лет назад

    i bought the stock on limit order at 1.98 and sell the stock on 2.04 for the market order and lost 11 dolor how is possible i should have gain some money not loss

    • @eddyvideostar
      @eddyvideostar 7 лет назад

      Asim: How many shares did you buy and sell? What brokerage did you use, just in case the commissions were included in your total? What did your statement read?

  • @curiosityfuels661
    @curiosityfuels661 5 лет назад

    This is very helpful I'm just starting and I'm still lost lol

    • @tradersflyofficial
      @tradersflyofficial  5 лет назад +1

      Just continue to move forward a little bit at a time. clarity takes time. Thank you so much for watching and hopefully you'll find the clarity soon

  • @LynetteChubb
    @LynetteChubb 6 лет назад

    Please note difference in meaning & pronunciation between "exuberant" & "exorbitant" !! Sasha is an exuberant host who might (or might not) pay exorbitant prices for his stocks...

    • @LynetteChubb
      @LynetteChubb 6 лет назад

      Oh wow - you sound like you were born Canadian - excellent accent, man! Good for you ;-)

    • @LynetteChubb
      @LynetteChubb 6 лет назад

      Raised & educated where?

  • @asaswad
    @asaswad 2 года назад

    Great

  • @malthus101
    @malthus101 5 лет назад

    yo Sasha..answer the questions below

  • @brown1688
    @brown1688 8 лет назад

    what about placing a limit when the market is closed. I placed a limit $ .65 market opened at $.62 but I paid $.64 10000 shares screwed for $200 its bad enough with the high dealing charges but when the steal another $200 it stinks!! These people don't have a lousy name for nothing

  • @donaldbiden4228
    @donaldbiden4228 7 лет назад +1

    Sasha you know what I've noticed? That your eyes don't even blink lol thats crazy