A limit order is an instruction to buy or sell shares only at a specified price or better, giving control over your entry cost.
Understanding limit order helps you read prices and manage risk on any prediction market platform.
Example
Placing a limit order to buy at 40¢ means it only fills at 40¢ or lower, never at 45¢.
Because a limit order may not fill right away, it works best when you are not in a hurry to enter or exit a position.
Why it matters
Knowing how limit order works lets you compare markets and avoid costly mistakes when trading.
Practical tip
Before trading, check how limit order shows up on the specific platform you use, since interfaces and terminology can vary slightly between exchanges. Reviewing a few live markets is a quick way to see limit order in action before risking real funds.