Limit Orders
Last updated
Last updated
Limit orders are open orders which will be executed (filled/ partially filled) when the market trades at the price level specified by you.
Say the Yes shares in a market are trading at 45c right now, but you want to buy them at 43c per share. You can open a limit order at price level 43c, specifying how many shares you want to buy. Whenever someone is willing to sell Yes shares at 43c, your limit order will be executed.
Your order might be completely filled or partially filled, depending on how many shares other people are willing to sell at your desides price level. In case of a partial fill, the remaining quantity still remains as open order which can later be filled by other traders.
Visit markets page to find the market of your interest.
Choose "Limit" as the order type from the dropdown shown below
Specify the price at which you would like to buy the Yes shares. For e.g. 43c
Specify the number of shares you would like to buy. Say 25
Check the total trade amount, estimated fees and potential return shown at the bottom.
Hit the Buy button and approve the on-chain transaction in your wallet.
You can see your limit orders under "Orders" tab for this market.
In case, you now don't want to buy these shares at 43c anymore, you can Cancel the limit orders anytime. Just hit the "Cancel" button on front of your open order and approve the on-chain transaction in your wallet. The amount deducted earlier will be refunded back to your wallet.
Visit Portfolio tab to manage your orders across multiple markets.