Only fill my order at this price or better. In Entry Finance, limit orders are created from the same trading panel covered in Open positions and orders.
That gives you more control than a market order, but it also means the order may never fill.
Limit orders optimize for price control, not execution speed.
How it works
If you place a buy limit order below the current market price, it usually waits on the order book until the market drops to your level. If you place a sell limit order above the current price, it waits until the market rises to that level.Simple example
Imagine ETH is trading at2,000 USDC, but you only want to buy at 1,950. You place a buy limit order at 1,950.
- If ETH drops to
1,950, your order may fill - If ETH never reaches
1,950, the order stays open