Limit Order vs Market Order: What Is the Difference? | HiYesNo Academy
A limit order sets the price a user is willing to accept, and it fills only if the market matches it. A market order prioritizes execution, but the final price can be affected by liquidity and spread.
Before placing orders on HiYesNo, check the market question, trading status, order book depth, and your acceptable price range. Order type does not remove market risk.
Key Points
- Read the market question and rules first.
- Then review price, liquidity, and order information.
- Understand risk and do not treat price as a guarantee.
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- Why Rule Update Records Matter
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- What to Do If You Question a Market Resolution
- Why Settlement Rules Matter Before Trading
- How to Check Market Resolution Sources
- When Does a Prediction Market Resolve?
- How market resolution works: sources and process
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