Many investors have asked: "Can I sell when a stock hits the daily limit?" This question may seem simple, but behind it lies complex logic involving trading mechanisms, market psychology, and practical strategies. In short, you can indeed sell when a stock hits the limit up, but whether your order will be successfully executed is a completely different matter. To truly master the techniques for operating during limit-up situations, you must first understand the essence of limit-up and limit-down.
Limit-up and limit-down are not restricted zones; stocks can still be bought and sold as usual
Many novice investors believe that trading is impossible after a stock hits the limit up or limit down, but this is a major misconception. When a stock hits the limit up, you can still place normal buy or sell orders; the exchange has never prohibited any trading operations. However, the reality is that while you can place orders, they may not be executed immediately — and this is the key point investors need to understand.
The fate of buying and selling at the limit-up is entirely different. If you place a buy order to enter the market, unfortunately, there are already many investors lined up at the limit-up price waiting, and your buy order may be...