Limit Order
A limit order only executes at the specified price or a better one.
Category
Trade Microstructure
These terms describe how orders are placed, how liquidity absorbs size, and why fills can move price.
How to recognize this theme
Words traders use when an order interacts with a venue.
In a daily board, this category groups terms by their shared role. Look for four cards that describe the same mechanism, risk area, or workflow rather than four words that merely sound similar.
Educational context
These entries are vocabulary notes for learning. They are not project endorsements, token recommendations, exchange rankings, or trading signals.
Market Order
A market order executes immediately against the best available liquidity.
Bid-Ask Spread
The bid-ask spread is the difference between the highest buy price and the lowest sell price.
Market Impact
Market impact is the price movement caused by a trade's size and how quickly it is executed.