Can You Cancel a Limit Order Before It Fills
Can you cancel a limit order? Usually yes, but a cancel is a request that races the fill. Here are the four outcomes you will meet and what decides each one.
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Can you cancel a limit order? Usually yes, but a cancel is a request that races the fill. Here are the four outcomes you will meet and what decides each one.
The tape printed your price and your order is still open. Here are the five reasons a limit order didn't fill, in order of how often each one happens.
Buy limit vs sell limit orders: a buy limit is a ceiling at or below the market, a sell limit is a floor at or above it. See all four cases on one quote.
A marketable limit order fills now at a capped price; a non-marketable one rests in the book. See the split at the NBBO with real quote and fill data.
Stop order vs limit order, explained: a stop is a trigger that becomes a market order, a limit is a price ceiling or floor. Worked fills for each, with data.
A futures block trade is privately negotiated away from the order book. How CME Rule 526 minimums work, and why your chart never showed the trade.
A stop order becomes a market order and fills at any price. A stop-limit becomes a limit order and can miss the exit entirely. Five years of gap data show it.
A market order fills now at the best available price; a limit order caps your price but may not fill. Real quote data shows what each choice costs in dollars.
VWAP stands for volume-weighted average price. Definition: price times volume divided by total volume, reset daily. What it means on a real trading day.