Definition of Sell Limit
A pending order to sell at a price above the current market price. It is placed when a trader expects the price to rise to a specific level before falling.
At a glance
Example
Example: a buy limit below market does not guarantee a fill if price never prints at your limit. Choose “Sell Limit” based on price priority versus fill priority.
Common mistake
Common mistake: using “Sell Limit” as loose slang while your broker/platform specification defines it more narrowly.
Professional tip
Tip: bookmark this “Sell Limit” page and reopen it when reading broker specs so definitions stay consistent.