Buy Limit Order

Tutorial on how to enter a buy limit order.  The clip contains a presentation and step-by-step real-time instructions on how to place the enter.

Buy Limit Order - Definition

A buy limit order is an instruction to your brokerage firm to buy a security at or below a specific price. A good example of when to use a buy limit order is if you want to buy a security on a back test of a breakout area. Let's say stock A breaks resistance at $100 and runs straight to $110.