Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
GET BONUS
55%
from InstaForex
on every deposit
  • Amazed
  • Amused
  • Angelic
  • Angry
  • Asleep
  • Bashul
  • Bitchy
  • Blah
  • Bored
  • Breezy
  • Brooding
  • Busy
  • Buzzed
  • Chatty
  • Cheeky
  • Cheerful
  • Cold
  • Confused
  • Cool
  • Crappy
  • Cynical
  • Daring
  • Dead
  • Devilish
  • Doh
  • Doubtful
  • Drunk
  • Fine
  • Flirty
  • Goofy
  • Grumpy
  • Happy
  • Hot
  • Hungover
  • Innocent
  • Inspired
  • In_Love
  • Lonely
  • Lurking
  • Mellow
  • Paranoid
  • Pensive
  • Psychedelic
  • Relaxed
  • Sad
  • Scared
  • Shocked
  • Sick
  • Sleepy
  • Sneaky
  • Stresses
  • Tired
  • Twisted
  • Worried
  • Yeehaw
  • Reply to thread
    Page 1 of 2 1 2
    Results 1 to 10 of 15

    Thread: How does a buy limit or sell limit work?

    1. #1 Collapse Post
      My pips hand is weak
      I am:
      ----
       
      Oasweaz will become famous soon enough Oasweaz will become famous soon enough Oasweaz's Avatar
      Posts
      155
      Accumulated bonus
      25 USD (What is this?)
      Thanks
      97
      Thanked 122 Times in 57 Posts

      Question How does a buy limit or sell limit work?

      How does a buy limit or sell limit work?. What does it do exactly.


    2. Thanks under the first post will be ignored for the purpose of distribution of prizes
    3. #2 Collapse Post
      Forex in the blood
      I am:
      Sad
       
      ahmadgillani has a spectacular aura about ahmadgillani has a spectacular aura about ahmadgillani has a spectacular aura about ahmadgillani's Avatar
      Posts
      385
      Accumulated bonus
      26 USD (What is this?)
      Thanks
      255
      Thanked 314 Times in 254 Posts

      Default

      we use limits in forex trading to execute the trades automatically, the concept of the buy limit and sell limit is risky, in case of buy limit we put a the limit below the movement of the market suppose in any currency the market is moving at 100 pips and we want to put a but limit their then at that time we will put the buy limit below the movement mean at 90 or 80 pips, when market touch the below limit limit the trade of buy will be execute their, and same for the sell limit we will put the limit in upper side of the market at 120 pips or at any point which you want when market movement will touch that pips the trade will be execute their and it will be trade of sell, so these is the process of moving the market and this process is very beneficial in trading for us.


    4. For the posts posted after 02.03.20 the likes will be displayed after 02.05.20.
    5. #3 Collapse Post
      I just can't quit pips!
      I am:
      ----
       
      dtvade has a reputation beyond repute dtvade has a reputation beyond repute dtvade has a reputation beyond repute dtvade has a reputation beyond repute dtvade has a reputation beyond repute dtvade has a reputation beyond repute dtvade has a reputation beyond repute dtvade has a reputation beyond repute dtvade has a reputation beyond repute dtvade has a reputation beyond repute dtvade has a reputation beyond repute dtvade's Avatar
      Posts
      5,310
      Accumulated bonus
      3295 USD (What is this?)
      Thanks
      9,643
      Thanked 3,803 Times in 2,106 Posts

      Default

      In forex trading or placing a trade there are two types of executions which are instant execution (this happens at the current price) and the pending orders.The pending orders have to do with the future price.When a trader based on his analysis believes that the current price is not the best for trade decision knowing full well that there is a future price where the decision will lead to maximized profit and minimized loss.In this case when a trade projects or places the order to buy a particular instrument or asset at a price lower than the current price then it is a buy limit order.At the same time when the order to sell is at a higher price that the current price then it is referred to as sell limit order.


    6. #4 Collapse Post
      It's time to retire!
      I am:
      Happy
       
      Honest has a reputation beyond repute Honest has a reputation beyond repute Honest has a reputation beyond repute Honest has a reputation beyond repute Honest has a reputation beyond repute Honest has a reputation beyond repute Honest has a reputation beyond repute Honest has a reputation beyond repute Honest has a reputation beyond repute Honest has a reputation beyond repute Honest has a reputation beyond repute Honest's Avatar
      Posts
      18,914
      Accumulated bonus
      5333 USD (What is this?)
      Thanks
      3,853
      Thanked 4,336 Times in 1,389 Posts

      Default

      Buy limit and sell limit are basically meant to be where price had not gotten to in order to make money from the forex business, we are anticipated that prices will automatically move to those levels so that our order can be trigger so that we will make money if we are facing profitable in the market which is quite good, but using pending orders on the forex market also have the key disadvantages because we cannot understand which trading will work out and the ones that would fail, hence we need to put energy into understanding the business so that our trading accounts can have what we are expected to gain in the forex market, sometimes these things are very important.


    7. For the posts posted after 02.03.20 the likes will be displayed after 02.05.20.
    8. #5 Collapse Post
      MT5 Resident
      I am:
      ----
       
      hayzee19 has a reputation beyond repute hayzee19 has a reputation beyond repute hayzee19 has a reputation beyond repute hayzee19 has a reputation beyond repute hayzee19 has a reputation beyond repute hayzee19 has a reputation beyond repute hayzee19 has a reputation beyond repute hayzee19 has a reputation beyond repute hayzee19 has a reputation beyond repute hayzee19 has a reputation beyond repute hayzee19 has a reputation beyond repute hayzee19's Avatar
      Posts
      5,600
      Accumulated bonus
      1617 USD (What is this?)
      Thanks
      9,405
      Thanked 16,375 Times in 4,788 Posts

      Default

      Buy limit and sell limit are both in the family of the pending orders, among them is the sell stop and buy stop etc.
      Buy limit are both used to buy and sell a currency pair the market below or above the current price.
      Buy limit : example if a trader buy below the price, for example if the current market price of gbpusd is at 1.3124 if we wanna, place buy limit we can set the order at 1.3115 or below.

      Sell limit: if price is at 1.3124, the then the sell order will be at above the current price let's say 1.3150 above.
      So the use of this order is not as complicated, but to fully understand how to use the order we can practice it on demo account.
      visit here 👇 for price action opportunities https://forum.mt5.com/showthread.php...rading-journal


    9. #6 Collapse Post
      MT5 Maniac
      I am:
      Cool
       
      Damkidah has a brilliant future Damkidah has a brilliant future Damkidah has a brilliant future Damkidah has a brilliant future Damkidah has a brilliant future Damkidah has a brilliant future Damkidah has a brilliant future Damkidah has a brilliant future Damkidah has a brilliant future Damkidah has a brilliant future Damkidah has a brilliant future Damkidah's Avatar
      Posts
      2,926
      Accumulated bonus
      1162 USD (What is this?)
      Thanks
      357
      Thanked 1,976 Times in 1,111 Posts

      Default

      Executing sell limit or buy limit trades in the market is one of the available ways in the market for a trader to get into only trades that he desires. This way, a trader is guaranteed to only enter into trade that he plans and not lose more than he can actually handle, if you will ask me I will say this is a good way to manage risk connected with a live account. Many atimes, after a trader might have been done with his analysis process, he wishes to enter into certain trades which might not be the best time to enter into the market as at the end of his analysis, if at all he is sure of his trade all he has to do is to set a sell or buy limit depending on what his analysis requires of him.


    10. #7 Collapse Post
      FX Zombie
      I am:
      Fine
       
      Abdul Wahid has much to be proud of Abdul Wahid has much to be proud of Abdul Wahid has much to be proud of Abdul Wahid has much to be proud of Abdul Wahid has much to be proud of Abdul Wahid has much to be proud of Abdul Wahid has much to be proud of Abdul Wahid has much to be proud of Abdul Wahid has much to be proud of Abdul Wahid has much to be proud of Abdul Wahid's Avatar
      Posts
      2,279
      Accumulated bonus
      832 USD (What is this?)
      Thanks
      1,213
      Thanked 1,388 Times in 727 Posts

      Default

      There are three type of market order. One is instant execution. Second is stop order and Third is limit orders. Limited orders are also called stop loss or trading stop. They have a great benefit in the forex trading. Mainly they have two types.

      Buy Limit Order:
      An order to buy at a specified price when the market moves down to that price.

      Sell Limit Order:
      An order to sell at a specified price when the market moves up to that price.

      We often used it as a stop loss level. Stop loss are limit orders. If we have a buy position that we used sell limit as stop loss. If we have sell position then we used buy limit as a stop loss. If buy position in some profit, then we used sell limit to trail and lock the profits. If sell position in profit then we used buy limit to lock the profits. If I have a analysis that price will rise after a dive then I used buy limit order for my trader. If in my point of view, price will began downward after some rise, then I used sell limit.It is a very good tool that is very essential for trading. Without using the limit order, trading is not possible. Most of the traders used the stop loss. They are actually the limit order.


    11. #8 Collapse Post
      It's time to retire!
      I am:
      Happy
       
      forexguy9 has a reputation beyond repute forexguy9 has a reputation beyond repute forexguy9 has a reputation beyond repute forexguy9 has a reputation beyond repute forexguy9 has a reputation beyond repute forexguy9 has a reputation beyond repute forexguy9 has a reputation beyond repute forexguy9 has a reputation beyond repute forexguy9 has a reputation beyond repute forexguy9 has a reputation beyond repute forexguy9 has a reputation beyond repute forexguy9's Avatar
      Posts
      22,430
      Accumulated bonus
      7596 USD (What is this?)
      caught pokemons
      2 (What is this?)
      Thanks
      12,126
      Thanked 16,269 Times in 6,173 Posts

      Default

      the forex trader could place a deal, referred to as opening a position, either instantly or at a future time. the future time order is not placed at market price, but a price is set by the forex trader at which time he plans to open the deal. this is known as pending orders. in a situation where a buy limit order is set. the trader wants to buy when price moves lower than the current price. so he sets a lower price and immediately price gets there, the deal is executed. in the case of the sell limit, the trader wants to sell, but a higher price than the real market price. so he sets a price higher than market price. when price gets to that level, the deal is automatically opened.
      ''Too many times we settle into a set way of thinking and accept limitations that need not be placed on us'' -John C. Maxwell

      Hedging Edge: Heading For $6 Million!


    12. #9 Collapse Post
      FX Zombie
      I am:
      Inspired
       
      Yusfunoble has a reputation beyond repute Yusfunoble has a reputation beyond repute Yusfunoble has a reputation beyond repute Yusfunoble has a reputation beyond repute Yusfunoble has a reputation beyond repute Yusfunoble has a reputation beyond repute Yusfunoble has a reputation beyond repute Yusfunoble has a reputation beyond repute Yusfunoble has a reputation beyond repute Yusfunoble has a reputation beyond repute Yusfunoble has a reputation beyond repute Yusfunoble's Avatar
      Posts
      2,753
      Accumulated bonus
      1610 USD (What is this?)
      Thanks
      2,399
      Thanked 2,422 Times in 1,209 Posts

      Default

      Check out my answer for this question on this thread:

      https://forum.mt5.com/showthread.php...1#post13994240


    13. Dragon
    14. #10 Collapse Post
      FX Super Hero
      I am:
      Cold
       
      Yomit is a splendid one to behold Yomit is a splendid one to behold Yomit is a splendid one to behold Yomit is a splendid one to behold Yomit is a splendid one to behold Yomit is a splendid one to behold Yomit is a splendid one to behold Yomit's Avatar
      Posts
      1,236
      Accumulated bonus
      250 USD (What is this?)
      Thanks
      427
      Thanked 892 Times in 417 Posts

      Default

      In forex trading market ,before a trader can place any trade he must first analys the trade and see how far the market is going to move and having spoted this the trader will now decide how far he want the trade to go and then place a limit there . In forex trading market, the market is either sell or buy sequel to this the trader after thorough analysis of the market and see how fat the market is going to buy the trader will now put is buy limit at his desire point and when the market now get there it will automatically end the market while the sell limit on the other hand when the trader analys and see that the market is going down the trader will now put sell limit to his desire limit to sell when market now get there it will automatically end the trade..This tool is very important in the market especially when the trader is trading on long time frame and it very good to the trader if properly analysis is carry out but still have it shortcomings when the trader put the limit and the market is highly volatile it reduce the profit to which the trader could have reap from the market.


    Reply to thread
    Page 1 of 2 1 2

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts