A limit order is an order to buy or sell a stock at a specific price or better. 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. A limit order is not guaranteed to execute.


With Stake, you can place a limit order at any time for buy or sell (assuming you own more than 1 share). 


To place a limit order  on web, choose "Advanced Orders" and on the app web, select Limit Buy (or Limit Sell) from the drop-down. 


You can then enter the amount of shares to trade and the limit price you want to transact for.  Your order will remain queued until the earlier of:

  1. the time it becomes an executable order
  2. you delete it; or
  3. the end of the trading day (when all pending limit orders are cancelled).