Limit order
An order to buy at or below a specified price, or sell at or above it. Fills only if the market reaches your level.
Limit buy sits below current price (waiting for pullback). Limit sell sits above. Guaranteed price, not guaranteed fill. Useful for patient setups at well-defined levels but loses you the ability to read real-time context before executing.
Related
Learn to actually use Limit order.
Definitions are the easy part. The free first five modules put this on a real chart and make you do the work. No card required.