> For the complete documentation index, see [llms.txt](https://docs.pengubot.ai/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.pengubot.ai/limit-orders.md).

# Limit Orders

Buy or sell tokens automatically at your chosen price.

Limit orders let you enter or exit positions without watching the chart.

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### ⚙️ What Is a Limit Order?

A limit order executes a trade **only when the target price is reached**.

Use limit orders to:

* Buy dips
* Sell at target prices
* Plan trades in advance

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### 🧾 How It Works

#### 1. Select Token

Choose the token you want to trade.

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#### 2. Set Price

Enter the price at which you want the order to execute.

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#### 3. Set Amount

Choose how much to buy or sell.

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#### 4. Confirm

Once confirmed, Pengubot monitors the market and executes automatically.

<div align="left"><figure><img src="https://660646854-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FdfivXYNdtQiCRxGDj8gy%2Fuploads%2FXuAiodO870T2vtIDG0v5%2Fimage.png?alt=media&amp;token=208de874-e1b5-4c18-824c-0cae80b47367" alt="" width="375"><figcaption></figcaption></figure></div>

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### 🔁 Managing Limit Orders

You can:

* View active limit orders
* Cancel orders anytime
* Track filled orders

<div align="left"><figure><img src="https://660646854-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FdfivXYNdtQiCRxGDj8gy%2Fuploads%2Fr68YREN1pn2PgpB2dK4D%2Fimage.png?alt=media&amp;token=beedc28e-ea1f-46cf-a772-c99f1b766425" alt="" width="375"><figcaption></figcaption></figure></div>

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### 🧠 Pro Tips

* Use limit buys during pullbacks
* Set limit sells to lock profits
* Ensure sufficient balance for execution

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### ⚠️ Important

* Limit orders are not guaranteed to fill
* Orders execute on-chain when conditions are met
* Market gaps may cause missed fills

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