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A limit order lets you choose the price where you want to buy or sell. Instead of saying “fill now”, you are saying: 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 at 2,000 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

Partial fills

A limit order does not always fill all at once. If there is not enough liquidity available at your chosen price, part of the order may fill first and the rest may stay open. This is called a partial fill. Even if price reaches your level, your full order may still wait if other resting orders were already ahead of you at the same price. This is a queue-position effect, not necessarily a platform error. If you want the practical guide to queue position, partial fills, maker/taker outcomes, and thin-book behavior, read Execution quality and slippage.
Limit orders are useful when you want to avoid chasing price and stick to a planned entry or exit.