Source: https://mochatrade.com/learn/glossary/limit-order

# Limit order
URL: https://mochatrade.com/learn/glossary/limit-order
Last modified: 2026-10-17

A limit order buys or sells only at your price or better. You control the price, the market decides whether you trade, and it can fill partly. In [one full NVDA trade](https://mochatrade.com/learn/start-here/nvidia-trade-walkthrough) it sits at the top of the book; the trade-off against a market order comes from [how the book works](https://mochatrade.com/learn/us-market-structure/how-us-stock-prices-form). [Limit orders on Mochatrade](https://mochatrade.com/support/order-types-available-on-mochatrade).

## Related terms

- Market order: https://mochatrade.com/learn/glossary/market-order
- Slippage: https://mochatrade.com/learn/glossary/slippage
- Partial fill: https://mochatrade.com/learn/glossary/partial-fill
- Stop-limit order: https://mochatrade.com/learn/glossary/stop-limit-order
- Take-profit order: https://mochatrade.com/learn/glossary/take-profit-order
- Max slippage: https://mochatrade.com/learn/glossary/max-slippage

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.