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Buy Limit Order Above Market Price. However, depending on the size (volume) of the sell orders, your buy order may. A buy limit is used to buy below the current price while a buy stop is used to buy above the current price.
from venturebeat.com
A market order generally will execute at or near the current bid (for a sell order) or ask (for a buy order) price. Yes, you can do this buy placing a conditional order to buy at market if the price moves to 106 or above. You are submitting a limit type order very close to the market price.
A limit order allows you to buy or sell a stock at the price you have set or a better price. The most widely put order is for. To place a market order in active trader, make sure you’ve chosen the correct quantity in the second line of the big buttons panel and click buy mkt or sell mkt. The list of sell/buy order types that you can place with your stockbroker is long and confusing.