Sell Limit expects to open a position to sell at a higher quote then the current one at the moment of an order placement. The following orders may be used to close a position:
Sell Limit means its meaning is determined in General Business Terms Orders Article.
Sell Limit means a pending order to sell at a price higher than the current price level and is offered in the expectation that the market price will go up reaching a certain level and thereafter begin to fall;
Examples of Sell Limit in a sentence
Buy Stop" suggests opening a buy position at a higher price than the actual price at the moment of the order placing; "Sell Stop" suggests a sell position opening at a lower price than the actual price at the moment of the order placing; "Buy Limit" suggests opening a buy position at a lower price than the actual price at the moment of the order placing; "Sell Limit" suggests opening a sell position at a higher price than the actual price at the moment of the order placing.
More Definitions of Sell Limit
Sell Limit means an order to sell securities once the price reaches a level that is higher than the current price. Usually this order is placed in anticipation of that the security price, having increased to a certain level, will fall;
Sell Limit an order to open a Short position at a price, specified in the order. This type of order is placed higher than the current Bid price.
Sell Limit is a pending order for opening a short position at the price that is higher than the current price at the moment of placing the order. The result of execution of "Sell Limit" order will be opening a short position at the price that was at the moment of processing the order. When the Sell Limit is triggered then a market order is received in the system.
Sell Limit is a sell position opened at a higher price than the current one at making the order.
Sell Limit. (an Order to sell a Trading Instrument at a price above the current market price; it is triggered when the market price touches or goes through the “sell limit” price); and (iv) “Sell Stop” (an Order to sell a Trading Instrument at a price below the current market price; it is triggered when the market price touches or goes below the “sell stop” price); the following features may also be attached to any “Pending Order”: (i) “Stop Loss” and/or (ii) “Take Profit”; in the NetTradeX trading platform, the following pending orders are also available: “One Cancels the Other” (a combination of two pending orders set to open a position; the execution of one of the two orders results in an automatic cancellation of the other one);
Sell Limit. A trade order to sell at the "Bid" price equal to or greater than the one specified in the order. The current price level is lower than the value in the order. Usually, this order is placed in anticipation that the security price, having increased to a certain level, will fall.
Sell Limit means a pending order to sell at a price higher than the current price level and is offered in the expectation that the market price will go up reaching a certain level and thereafter begin to fall;