Sell Limit
A limit order to sell at or above a specified price — placed above the current market to exit on strength or short into resistance.
A sell limit order rests above the current bid. It fills only if the market rises to your limit price or higher. Longs use sell limits as profit targets; shorts use them to enter positions at resistance without immediately hitting the bid.
Sell limits add liquidity to the book and receive maker treatment on applicable exchanges.
Example
Long XYZ at $50.00 with a resistance target at $54.00. A sell limit at $54.00 sits in the order book. When buyers lift the offer to $54.00, the limit fills and the position is closed.
Related Terms
Buy Limit
A limit order to buy at or below a specified price — placed below the current market to enter on a pullback.
BeginnerLimit Order
An order to buy or sell only at a specified price or better. Guarantees price but not execution.
BeginnerMaker
A trader whose limit order rests in the order book, adding liquidity and typically earning a fee rebate on maker-taker exchanges.
IntermediateSell Stop
A stop order placed below the current price that triggers a market sell when price falls to the stop level — the standard stop-loss mechanism for long positions.
BeginnerTake-Profit Order
A limit order placed above a long entry (or below a short) to automatically lock in gains when a target price is reached.
Beginner