Why didn't my stock sell at my limit price
10/25/2024 10:44pm
The stock did not sell at your limit price because the market did not reach your specified limit during the period you set the order. Here are some reasons why this might have happened:
1. **Market Conditions**: The stock's price did not reach your limit price because the market conditions were not favorable for the sale at that specific moment.
2. **Order Execution**: The order was not executed immediately, and the market moved past your limit price before the order could be filled.
3. **Limit Order**: A limit order is a type of order that you place with a broker to sell a security at a specified price. If the market price does not reach your limit price, the order will not be filled.
If you want to ensure that your stock sells at your limit price, you should consider using a stop-loss order instead of a limit order. A stop-loss order is an order that you place with your broker to sell a security when its price reaches a specified price, which can help you avoid selling at a price that is lower than your limit price.
In any case, if you are having trouble selling your stock at a certain price, you should contact your broker for assistance. They can help you understand why your stock did not sell at your limit price and provide you with advice on how to improve your chances of selling your stock at the price you want.