: If the market moves away from your price, you might miss out on a profitable trade entirely.
: There is no guarantee the order will be filled. If the stock never reaches your specified price, the trade will not occur. Key Benefits and Risks what is a limit order when buying stocks
When you place a limit order to buy, you set a "price ceiling"—the maximum amount you are willing to pay per share. The trade will only trigger if the stock's market price falls to your limit price or lower. : If the market moves away from your