How long does a limit buy order take?

[Anthonius Berkmans]

I placed a buy order on Lindex at the 6th for 257 L$/USD (the top buy order) and as of yet it still has not cleared, last time I did a limit order it took 9 or 10 days.

 

Anyone know what the current time is to buy with a limit order? As I have gone negative on my USD account yesterday  I only have 6 days to finish the buy/sell cycle.

[Lindal Kidd]

It depends on the price you set.  If it is within the first one or two entries in the Current Orders data, the order will usually fill in a couple of days.  If it's too far out of the trading range, it will never be filled.

[Rebecca Ashbourne]

It very much depends on the price you set.

 

You might find this blog article I wrote useful, as it is about exactly this.

http://beccapet.wordpress.com/2012/03/20/show-me-the-money/