If you set a limit order to sell at 2000 and price tick thru to 2000.25, do you technically get filled before all those who had limit orders at 2000.25? If all this happens instantaneously, and you're willing to be filled at a price 1 tick better?

kentonpalmer7 

If you set a limit order to sell at 2000 and price tick thru to 2000.25, do you technically get filled before all those who had limit orders at 2000.25? If all this happens instantaneously, and you're willing to be filled at a price 1 tick better?

Yes, you will get filled at 2000, before anyone [potentially] gets filled at 2000.25.

Interesting, so then is it almost guaranteed you'll be filled if price goes one tick about your limit ?


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Price moving above your limit means there were no more sellers left at the limit price and that point in time. Demand exceeds supply so price rises.


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Awesome that's what I figured


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Hi there @matthew28

Above you posted what I thought was a good answer.

It was deleted before I had the chance to thank it - may I ask how come you decided to delete it?

Thanks