> ## Documentation Index
> Fetch the complete documentation index at: https://docs.shuriken.trade/llms.txt
> Use this file to discover all available pages before exploring further.

# Limit Orders

> Set buy and sell orders at specific market cap targets.

<Info>
  **Limit orders execute automatically when market cap reaches your target.**

  Set your conditions and let the system monitor for you.
</Info>

## How Limit Orders Work

Unlike market orders that execute immediately, limit orders wait for the market cap to reach your specified level. Once triggered, they execute as market orders.

## Order Types

### Buy Limit

Set a target market cap to automatically buy a token when it reaches that level.

**Example**: Set a buy order at 5M market cap. When the token drops to 5M, your order executes automatically.

### Take Profit

Automatically sells when market cap rises to your target. Use this to lock in gains.

**Example**: You bought at 5M market cap. Set Take Profit at 10M to sell at 2x.

### Stop Loss

Automatically sells if market cap drops to your target. Use this to limit losses.

**Example**: You bought at 5M market cap. Set Stop Loss at 2.5M to exit if the token drops 50%.

## Creating a Limit Order

<Steps>
  <Step title="Switch to Limit Mode">
    Click **Limit** in the Execution Panel.
  </Step>

  <Step title="Set Target Market Cap">
    Enter the market cap at which the order should execute.
  </Step>

  <Step title="Set Amount">
    Enter the amount to buy or sell when triggered.
  </Step>

  <Step title="Place Order">
    Click the buy button (shows trigger market cap) to submit. View it in the Orders table.
  </Step>
</Steps>

<Warning>
  When a limit order triggers, it executes as a market order. In volatile conditions, the actual execution price may differ from your trigger price due to slippage.
</Warning>

## Managing Orders

The Orders table displays your limit orders with the following columns:

| Column  | Description                              |
| ------- | ---------------------------------------- |
| Token   | Token name and address                   |
| Type    | Order type (Buy, Take Profit, Stop Loss) |
| Trigger | Market cap that will trigger execution   |
| Amount  | Order size                               |
| Status  | Current state of the order               |

### Open Orders

The **Open** tab shows orders waiting to be triggered:

* Orders remain open until the trigger price is reached
* You can cancel open orders at any time
* Open orders are monitored continuously

### Closed Orders

The **Closed** tab shows your order history:

* **Filled**: Order triggered and executed successfully
* **Cancelled**: Order was manually cancelled

### Grouped Orders

When you create exit strategies (Take Profit + Stop Loss) with a buy order, they appear grouped together in the table. Expanding a group shows all related orders.

## Cancelling Orders

<Steps>
  <Step title="Find the Order">
    Locate the order in the Open tab.
  </Step>

  <Step title="Cancel">
    Click the cancel button on the order row. The order is cancelled immediately and moves to the Closed tab with "Cancelled" status.
  </Step>
</Steps>