Moomoo Singapore Help Center-Limit if touched order
English
Back
Download
Log in to access Online Inquiry
Back to the Top

Limit if touched order

A Limit if Touched (LIT) is an order to buy (or sell) at a specified price or better, below (or above) the market. This order is held in the system until the trigger price is touched. A LIT order is similar to a stop limit order, except that a LIT sell order is placed above the current market price, and a stop limit sell order is placed below.

Using a Limit if Touched order helps to ensure that, if the order does execute, the order will not execute at a price less favorable than the limit price.


Example

Assume the current market price of a stock is 30: 

● If you submit a sell LIT order at 33 and limit price at 32, and later the market price rises to 33, the sell limit order will be triggered and filled at a price no less than 32.  

● If you submit a buy LIT order at 26 and limit price at 27, and later the market price drops to 26, the buy limit order will be triggered and filled at a price no more than 27.


Risk Disclaimer

Moomoo Financial Singapore Pte. Ltd. simulates advanced order types on its books and routes the order to its clearing broker when it reaches the trigger price. Moomoo Financial Singapore Pte. Ltd. simulates limit if touched orders with the following default triggers:

•Sell Simulated Limit if Touched Orders become limit orders when the last traded price is greater than or equal to the trigger price.

•Buy Simulated Limit if Touched Orders become limit orders when the last traded price is less than or equal to the trigger price. 

Unless you select specific trading hours, advanced orders will only be triggered during regular trading hours or continuous trading session.

Market Insights

Warren Buffett Portfolio Warren Buffett Portfolio

Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry. Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry.

Unlock Now

Discussing

2025 Buffett shareholders' meeting: What's the new buzz in value investing?
🎙️Discussion 1. In the face of market changes, do you prefer to stick with growth stocks or switch to value stocks? 2. Based on the current Show More