Moomoo CA Help Center-What is a limit order
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What is a limit order

Limit order needs to specify the transaction price, and will only be executed when the specified price is reached or there is a better price.
 
1. Available Time
1.1 Pre-set Orders
Pre-set orders can be placed after the stock market closes and will be queued for execution on the next trading day. Pre-set orders support setting whether to fill outside RTH.
When set to allow Fill outside RTH, orders will be automatically queued up at the beginning of the US stock pre-market trading period (04:00 EST).
When it is set to not allow Fill outside RTH, the order will be automatically queued for submission during the continuous trading period of US stocks (9:30 EST).
1.2 Trading Hours
04:00-20:00 Eastern Time
Note: 4:00-9:30 ET. is the pre-market trading hours for the U.S. stock market, and 16:00-20:00 ET. is the U.S. stock market post-hours trading hours. Pre-market and post-market orders will be submitted to the exchange for trading.
 
2. Description and Precautions
(1) Limit orders placed in the pre-market/post-market time period will be submitted to the exchange immediately, and the order matching will be matched according to the real-time market price. Note that the market bidding price difference in the pre-market and post-market time periods is large. Please pay attention to the risks.
(2) A buy limit order can only be executed at the limit price or lower, and a sell limit order can only be executed at the limit price or higher. Any unfilled limit orders will be automatically canceled after the market closes.
(3) The unfilled part of the limit order can be edited or canceled.
(4) The original order is still in effect during the process of order modification or cancellation, and there may be situations in which the original order cannot be withdrawn or modified during the modification process.