How do I create a Limit order in TWS?

A Limit order is an order to buy or sell an instrument at a specified price or better. A Limit order ensures that if the order fills it will not fill at a price less favorable than your limit price, but it does not guarantee a fill.

To send a Limit order from the Mosaic Order Entry panel:

  1. Enter or select a symbol and then click Buy or Sell
  2. Set the order size and select LMT as the order type
  3. Complete the order parameters including the limit price as desired
  4. Hit SUBMIT.

For more information on limit orders, please see the Limit Orders page on the IBKR website.

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